πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    ⚑ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚑
    00:00:00 AM Left

    Question

    Simple interest received at the rate of 15% p.a. for 2

    years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for 6 years on the principal amount of Rs. β€˜X’. Find the value of β€˜X’.
    A 2200 Correct Answer Incorrect Answer
    B 2150 Correct Answer Incorrect Answer
    C 2250 Correct Answer Incorrect Answer
    D 2750 Correct Answer Incorrect Answer

    Solution

    According to the question, (9000 Γ— 0.15 Γ— 2) = 2 Γ— (X Γ— 0.10 Γ— 6) Or, 2700 = 1.2X Or, X = 2700/1.2 = 2250

    Practice Next
    ask-question