SSC Sample Paper SSC CGL - Sample Paper-10

  • question_answer
    If the annual rate of simple interest increases from 10% to \[12\frac{1}{2}%,\] a man's yearly income increases by Rs. 1250. Hit principal (in rupees) is

    A)  50000 

    B)  45000

    C)  60000             

    D)  65000

    Correct Answer: A

    Solution :

    Change in SI \[=\frac{25}{2}-10=\frac{5}{2}%\] \[\therefore \]      \[\frac{5}{2}%\] of principal \[=Rs.1250\] \[\therefore \]      Principal \[=Rs.\frac{1250\times 2\times 100}{5}\]                                      \[=Rs.\,50000\]

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