Quantitative Aptitude Ques 593
Question: The sum which amounts to Rs. 364.80 in 8 yr at 3.5% simple interest per annum is
Options:
A) Rs. 285
B) Rs. 280
C) Rs. 275
D) Rs. 270
E) None of these
Show Answer
Answer:
Correct Answer: A
Solution:
- $ 364.80=\frac{x\times 8\times 3.5}{100}+x $
$ \Rightarrow $ $ 364.80=x+\frac{7x}{25} $
$ \Rightarrow $ $ x=\frac{364.80\times 25}{32} $
$ \Rightarrow $ $ x=Rs.,285 $
BETA
