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Railways Sample Paper RRB (Assistant Loco Pilot) Sample Test Paper-19

  • question_answer
    A sum was put at simple interest at a certain rate for 4 years Had it been put at 2% higher rate, it would have fetched Rs. 56 more. Find the sum.

    A)  Rs.500                       

    B)  Rs.600                       

    C)  Rs.700            

    D)         Rs.800

    Correct Answer: C

    Solution :

    Difference in S.I. \[=\frac{P\times T}{100}({{R}_{1}}-{{R}_{2}})\] \[\Rightarrow \]\[56=\frac{P\times 4\times 2}{100}\] \[(Q\,{{R}_{1}}-{{R}_{2}}=2)\] \[\Rightarrow \]  \[P=\frac{56\times 100}{4\times 2}=Rs.700\]


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