SATHEE: Quantitative Aptitude Ques 827

Quantitative Aptitude Ques 827

Question: What total amount would Mithilesh get at the end of three years if he invests an amount of Rs. 11200 in a scheme which offers simple interest at the rate of 8.5% per annum for three years? [Indian Bank (PO) 2011]

Options:

A) Rs. 14056

B) Rs. 14348

C) Rs. 13852

D) Rs. 15064

E) None of these

Show Answer

Answer:

Correct Answer: A

Solution:

$ SI=\frac{Principal\times Rate\times Time}{100} $ $ =\frac{11200\times 8.5\times 3}{100}=2856 $

$ \therefore $ Sum after 3 yr = 14056

BETA

Privacy Policy

Powered by Prutor@IITK

sathee@iitk.ac.in

Media coverage of SATHEE

Play Store

App Store

The Ministry of Education has launched the SATHEE initiative in association with IIT Kanpur to provide free guidance for competitive exams. SATHEE offers a range of resources, including reference video lectures, mock tests, and other resources to support your preparation. Please note that participation in the SATHEE program does not guarantee clearing any exam or admission to any institute.

Quantitative Aptitude Ques 827

Question: What total amount would Mithilesh get at the end of three years if he invests an amount of Rs. 11200 in a scheme which offers simple interest at the rate of 8.5% per annum for three years? [Indian Bank (PO) 2011]

Options:

Answer:

Solution:

Bank Preparation

Bank Courses

NCERT Books

Important Resources

Forum