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    5. A sum of money, invested for 8 years on 5% per annum simple interest, amounted to ₹175 on maturity

    Question

    A sum of money, invested for 8 years on 5% per annum

    simple interest, amounted to ₹175 on maturity. What was the sun invested?
    A ₹120 Correct Answer Incorrect Answer
    B ₹125 Correct Answer Incorrect Answer
    C ₹140 Correct Answer Incorrect Answer
    D ₹175 Correct Answer Incorrect Answer

    Solution

    Let the P=x A =175 SI =175-x 175-x =(x×5×8)/100 175-x =40x /100 140x =17500 X =125Rs.

    Practice Next
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    Relevant for Exams:

    • NABARD GRADE A
    • RRB NTPC
    • NABARD GRADE A

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