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SSC Quantitative Aptitude Simple Interest Question Bank Simple and Compound Interest (II)

  • question_answer
    The simple interest received on any amount is Rs. 1200 for 12 yr. If principal is thrice after 4 yr, then the simple interest in the end of 12 yr, is

    A) Rs. 2000

    B) Rs. 2400

    C) Rs. 2600

    D) Rs. 2800

    Correct Answer: D

    Solution :

    [d] \[\therefore \] Simple interest of 12 yr = Rs. 1200 \[\therefore \] Simple interest of 1 yr = Rs. 100 Simple interest of 4 yr = Rs. 400 Simple interest of 8 yr \[=1200-400=\text{Rs}\text{.}\,\,800\] Now, thrice of SI, then SI of 8 yr \[=800\times 3=\text{Rs}.\,\,2400\] Total interest \[=400+2400=\text{Rs}.\,\,2800\]


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