Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-21

  • question_answer
    The simple interest accrued in 4 yr on a principal of Rs. 25000 is two-tenth the principal. What is the rate of simple interest per cent per annum?

    A) 5         

    B) 4

    C) 6                                 

    D) 2

    E) None of these

    Correct Answer: A

    Solution :

    \[\frac{25000\times 4\times r}{100}=\frac{2}{10}\times 25000\]
    \[\Rightarrow \]   \[1000\times r=5000\]
    \[\Rightarrow \]   \[r=\frac{5000}{1000}=5%\]


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