Target Exam

CUET

Subject

General Aptitude Test

Chapter

Numerical Ability

Topic

Compound & Simple Interest

Question:

Arrange the simple interest of the following cases in decreasing order-

(A) The simple interest on Rs 6600 at 5% per annum for 2 yrs.
(B) The simple interest on Rs 200 at 6% per annum for 5 yrs.
(C) The simple interest on Rs 840 at 5% per annum for 4 yrs.
(D) The simple interest on Rs 5000 at 12% per annum for 2 yrs.

Choose the correct answer from the options given below:

Options:

(A), (B), (C), (D)

(B), (A), (D), (C)

(B), (A), (C), (D)

(D), (A), (C), (B)

Correct Answer:

(D), (A), (C), (B)

Explanation:

The correct answer is Option (4) → (D), (A), (C), (B)

(D) The simple interest on Rs 5000 at 12% per annum for 2 yrs.: the simple interest is calculated as 5000 × 12 × 2 ÷ 100, which gives 1200.
(A) The simple interest on Rs 6600 at 5% per annum for 2 yrs: the simple interest is calculated as 6600 × 5 × 2 ÷ 100, which gives 660.
(C) The simple interest on Rs 840 at 5% per annum for 4 yrs: the simple interest is calculated as 840 × 5 × 4 ÷ 100, which gives 168.
(B) The simple interest on Rs 200 at 6% per annum for 5 yrs: the simple interest is calculated as 200 × 6 × 5 ÷ 100, which gives 60.