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SSC Sample Paper Mock Test-12 SSC CGL Tear-II Paper-1

  • question_answer
    A man losses Rs. 55.50 yearly when the annual rate of interest falls from 11.5 % to 10 %. His capital (in Rs.) is

    A) 3700

    B)  7400   

    C)  8325   

    D)  11100

    Correct Answer: A

    Solution :

    Let his capital be Rs. x. According to the question, \[\frac{x\times 11.5}{100}-\frac{x\times 10}{100}=55.50\]\[\Rightarrow \]\[(11.5-10)x=5550\] \[\Rightarrow \]\[1.5x=5550\]\[\Rightarrow \]\[x=\frac{5550}{1.5}\]= Rs. 3700


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