Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

Aakash invested ₹16,200 in three parts in such a way that SI on 1st part at 3% per annum for 2 years is equal to SI on 2nd part at 4% per annum for 3 years is equal to SI on 3rd part at 5% per annum for 4 years . Find the SI on each part.

Options:

380

460

500

540

Correct Answer:

540

Explanation:

P₁ x 3% x 2   =   P₂ x 4% x 3 = P₃ x 5% x 4

P₁ x  6  =   P₂ x 12 = P₃ x 20

P₁ : P₂ : P₃ = 10 : 5 : 3

18R(Total) = 16200

⇒ R = 900

S.I. on each part = 540