Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

In what time will Rs.400 amounts to Rs.600 at 10% p.a.?

Options:

15 years 

13 years

5 years

12 years

Correct Answer:

5 years

Explanation:

Interest = 200

⇒ S.I. = 200 = \(\frac{400\;×\;10\;×t}{100}\)

⇒`time = 5 years