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Banking Sample Paper RRB Assistant (PT) Sample Test Paper-1

  • question_answer
    The difference between the compound interest and the SI on a certain sum at 11.55 per cent per annum for 2 years is Rs. 13225. Find the sum (in Rs.).

    A)  100000

    B)  1000000

    C)  10000

    D)  10000000

    E)  None of these

    Correct Answer: B

    Solution :

    \[13225=P{{\left( \frac{R}{100} \right)}^{2}}\] or,\[\frac{13225\times 100\times 100}{11.5\times 11.5}=P\] or,\[P=1000000\]


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