Question

The simple interest on a sum of money is 9/35 of the sum. If the number of years is numerically 5/7 times of rate percent per annum, then the rate percent per annum is?

A 6% Correct Answer Incorrect Answer
B 7% Correct Answer Incorrect Answer
C 9% Correct Answer Incorrect Answer
D 4% Correct Answer Incorrect Answer

Solution

SI: P= 9:35, T: R =5:7 SI=9x, P=35x, T= 5y, R=7y then the find value of x? SI= PRT/100 9x = (35x × 7y × 5y)/100 36 =49y² y² = 36/49   y = 6/7 so, the rate of interest R = 7y=7×6/7 R= 6%

Practice Next

Relevant for Exams:

×
×