New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Register

    Question

    A sum of money, invested for 8 years on 5% per annum

    simple interest, amounted to ₹287 on maturity. What was the sun invested in?
    A 205 Correct Answer Incorrect Answer
    B 250 Correct Answer Incorrect Answer
    C 125 Correct Answer Incorrect Answer
    D 175 Correct Answer Incorrect Answer

    Solution

    Let the P=x A =287 SI =287-x 287-x =(x×5×8)/100 287-x =40x /100 140x =28700 x =205Rs.

    Practice Next