New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A sum of money at simple interest amounts to Rs. 1285 in

    4 years and to Rs. 1330 in 5 years. The sum is?
    A 1105 Correct Answer Incorrect Answer
    B 1108 Correct Answer Incorrect Answer
    C 1110 Correct Answer Incorrect Answer
    D 1109 Correct Answer Incorrect Answer

    Solution

    Let us assume the sum be X The simple interest for the one year = 1330- 1285 = 45  The interest for the five years = 5 x 45 = 225  The sum = 1330-225 = 1105  The required result will be 1105.

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