Aptitude - Simple Interest - Discussion
Discussion Forum : Simple Interest - General Questions (Q.No. 11)
11.
A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
Answer: Option
Explanation:
S.I. for 3 years = Rs. (12005 - 9800) = Rs. 2205.
| S.I. for 5 years = Rs. |  |
2205 | x 5 |  |
= Rs. 3675 |
| 3 |
Principal = Rs. (9800 - 3675) = Rs. 6125.
| Hence, rate = | |
100 x 3675 | % |
= 12% |
| 6125 x 5 |
Video Explanation: https://youtu.be/UYwiBCRN39s
Discussion:
68 comments Page 6 of 7.
Ramakhil said:
7 years ago
Can any explain why to take 5 years and not 8 years?
(2)
Ruku said:
1 decade ago
Thanks madhan, I understand it, thanks lot.
Acd said:
1 decade ago
Principal = Rs. (9800 - 3675) = Rs. 6125 ?
Gayatri said:
9 years ago
Not getting this, please explain this sum.
Sabu said:
7 years ago
The discussion is very helpful. Thanks.
Vipul said:
6 years ago
2205=9800*3*R/100.
Is this is correct?
Is this is correct?
Ayaz said:
6 years ago
@Pramit shome.
Would you explain how?
Would you explain how?
Deepak Soni said:
8 years ago
At last,
si=(735*100)/6125,
Si=12%.
si=(735*100)/6125,
Si=12%.
Sanjeev verma said:
9 years ago
How to solve this after getting SI?
Amani said:
1 decade ago
Why we calculate rate for 5 years?
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