8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    DIRECTIONS: Passage-1 Read the passage(s) given below and answer the questions that follow. Rs. 5000 is invested at a rate of 5% p.a. Simple interest for 5 years. After 5 year whole amount is again invested for 2 year at a rate of 3% p.a. How much money is invested after 5 years.

    A) Rs.6000        

    B)                      Rs.7000

    C) Rs.6500          

    D)          Rs.6250

    Correct Answer: D

    Solution :

    Amount = P + S.I = Rs. 5000 + Rs. 1250 = Rs. 6250 Rs. 6250 is inverted after 5 years.


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