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Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-7

  • question_answer
    A person borrows Rs. 8500 at 9% simple interest. How much amount will he pay at the end of\[2\frac{1}{2}yr\]?

    A)  Rs. 11412.50    

    B)  Rs. 10412.50

    C)  Rs. 12412.50    

    D)  Rs. 13412.50

    Correct Answer: B

    Solution :

    \[\therefore \] Required amount \[=8500\left[ 1+\frac{9\times \frac{5}{2}}{100} \right]\] \[=8500\left( 1+\frac{45}{200} \right)=\frac{8500\times 245}{200}\] = Rs. 10412.50


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