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SSC Sample Paper Mock Test-17 SSC CGL Tear-II Paper-1

  • question_answer
    The simple interest on Rs. 7300 from 11 May, 1987 to 10 September, 1987 (both days included) at 5% per annum is

    A) Rs. 123

    B)  Rs. 103

    C)  Rs. 200

    D)  Rs. 223

    Correct Answer: A

    Solution :

    Time from 11 May to 10 September, 1987 \[=21+30+31+31+10\] = 123 days \[\therefore \]      Time = 123 days \[=\frac{123}{365}\]yr \[\therefore \]      \[\text{SI}=\frac{7300\times 123\times 5}{365\times 100}\]= Rs. 123


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