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Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-23

  • question_answer
    A sum of Rs. 400 amounts to Rs. 480 in 4 yr at simple interest. What will it amount to, if the rate of interest is increased by 2%?

    A)  Rs. 484

    B)         Rs. 560

    C)  Rs. 512

    D)  None of these

    Correct Answer: C

    Solution :

    \[R=\frac{80\times 100}{400\times 4}=5%\] \[\therefore \]\[SI=\frac{400\times 7\times 4}{100}=\,\,Rs.\,\,112\] \[\therefore \]Amount = (400 +112) = Rs. 512      


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