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    1. Home
    2. Questions
    3. Quantitative Aptitude
    4. Simple and compound interest
    5. The simple interest at k% for k year will be Rs. k on a certain sum. Find the principal amount.

    Question

    The simple interest at k% for k year will be Rs. k on a

    certain sum. Find the principal amount.
    A 100×k² Correct Answer Incorrect Answer
    B 100 × k Correct Answer Incorrect Answer
    C 100 ÷ k Correct Answer Incorrect Answer
    D 100 ÷ k² Correct Answer Incorrect Answer

    Solution

    T=k, R=k, SI=k P=(SI×100)/ R× T =(k×100)/k2 =100/k =100÷k

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    Relevant for Exams:

    • SSC MTS
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