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

  • question_answer
    What sum will amount to Rs. 7000 in 5 yr at\[3\frac{1}{3}%\] simple interest?

    A) Rs. 6300

    B)  Rs. 6500

    C)  Rs. 6000

    D)  Rs. 5000

    Correct Answer: C

    Solution :

    \[P=\frac{A\times 100}{100+r+t}=\frac{7000\times 100}{100+\frac{10}{3}\times 5}=\frac{7000\times 100\times 3}{350}\]= Rs. 6000


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