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SSC Sample Paper Mock Test-2 SSC CGL Tear-II Paper-1

  • question_answer
    A certain sum at simple interest amounts to Rs. 1586 in 2 yr and Rs. 1729 in 3 yr. Find the rate

    A)  8%                              

    B)  9%    

    C)  10%                            

    D)  11%

    Correct Answer: D

    Solution :

    Simple interest for 1 yr=Rs.\[(1729-1586)\]=Rs. 143 Simple interest for 2 yr = Rs. 286 \[\therefore \]Principal =Rs.\[(1586-286)\]= Rs. 1300 \[\therefore \]Rate, \[R=\frac{100\times SI}{P\times T}\] \[=\frac{100\times 143}{1300\times 1}=11%\]


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