2. Sample Papers
  3. SSC

SSC Sample Paper SSC CGL - Sample Paper-8

  • question_answer
    The difference between the compound and simple interest on Rs. 1000 for 2 yr at the rate of 5% per annum is

    A)  Rs. 2                           

    B)  Rs. 2.50

    C)  Rs. 3                           

    D)  Rs. 3.50

    Correct Answer: B

    Solution :

    Required difference = Principal \[{{\left( \frac{r}{100} \right)}^{2}}=1000\times {{\left( \frac{5}{100} \right)}^{2}}\]            \[=\frac{1000}{20\times 20}=Rs.2.5\]


You need to login to perform this action.
You will be redirected in 3 sec spinner