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Railways RRB (Assistant Loco Pilot & Technician) Solved Paper-2 (2013)

  • question_answer
    Asmita invests an amount of Rs.9535 at the rate of 4% per annum to obtain a total amount of Rs. 11442 on simple interest after a certain period. For how many years did she invest the amount to obtain the total sum?

    A)  10                   

    B)  2

    C)  5                    

    D)  4

    Correct Answer: C

    Solution :

    Let she invests the money for x years. Therefore, \[(1142-9535)=\frac{9535\times 4\times x}{100}\] \[\Rightarrow \] \[190700=9535\times 4\times x\] \[\Rightarrow \] \[x=\frac{190700}{9535\times 4}=5YR\]


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