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SSC Sample Paper Mock Test-11 SSC CGL Tear-II Paper-1

  • question_answer
    Simple interest on Rs. 500 for 4 yr at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is

    A) 4 yr      

    B)  5 yr

    C)  \[6\frac{1}{4}\]yr

    D)  \[8\frac{2}{3}\]yr

    Correct Answer: C

    Solution :

    Let the period of time be T year. Then, \[\frac{400\times 5\times T}{100}=\frac{500\times 4\times 6.25}{100}\] \[\Rightarrow \]   \[T=\frac{500\times 4\times 6.25}{400\times 5}=\frac{25}{4}=6\frac{1}{4}\,\,\text{yr}\]


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