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

    Question

    If an amount of Rs. 'x' is deposited at a simple

    interest rate of 10% per annum for a duration of 3 years, and it accrues an interest of Rs. 600 during this period, what will be the value of 'x' plus Rs. 1000?
    A 4,000 Correct Answer Incorrect Answer
    B 1,500 Correct Answer Incorrect Answer
    C 2,000 Correct Answer Incorrect Answer
    D 3,000 Correct Answer Incorrect Answer

    Solution

    ATQ; (x X 3 x 10)/100 = 600 Or, x = 2000 Required value = (2000 + 1000) = 3000 Hence, option d.

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