SATHEE: Quantitative Aptitude Ques 233

Quantitative Aptitude Ques 233

Question: Arvind deposited a sum of money with a bank on January 1, 2012 at 8% simple interest per annum He received an amount Rs. 3144 on August 7, 2012. The money he deposited with the bank was

Options:

A) Rs. 3100

B) Rs. 3000

C) Rs. 3080

D) Rs. 2500

Show Answer

Answer:

Correct Answer: B

Solution:

Let the principle be P. We have, r = 8% and t = 219 days (till 7 August) $ =\frac{219}{365}yr $ Now, $ A=P( 1+\frac{r,t}{100} ) $

$ \Rightarrow $ $ 3144=P( 1+\frac{8}{100}\times \frac{219}{365} ) $

$ \Rightarrow $ $ 3144=P( 1+\frac{6}{125} ) $

$ \Rightarrow $ $ 3144=P( \frac{131}{125} ) $

$ \Rightarrow $ $ P=\frac{3144\times 125}{131}=3000 $

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Quantitative Aptitude Ques 233

Question: Arvind deposited a sum of money with a bank on January 1, 2012 at 8% simple interest per annum He received an amount Rs. 3144 on August 7, 2012. The money he deposited with the bank was

Options:

Answer:

Solution:

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