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.