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

    Question

    A certain amount of money, when invested for 20 years

    at an annual simple interest rate of x%, generates an interest equal to the principal amount. Find the value of 'x'.
    A 5 Correct Answer Incorrect Answer
    B 10 Correct Answer Incorrect Answer
    C 15 Correct Answer Incorrect Answer
    D 20 Correct Answer Incorrect Answer

    Solution

    Let the sum invested be Rs. P ATQ; P X 20 X x/100 = P Or, x = (100/20) = 5

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