Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

If the simple interest on a sum of ₹x at 6 % p.a. for two years is double the simple interest on another sum of ₹y at 9% per annum for three years, then which of the following is true?

Options:

x = 2y

x = 4.5y

3x = 7y

2x = 5y

Correct Answer:

x = 4.5y

Explanation:

We know ,

Simple Interest = \(\frac{Principal ×Rate × Time }{100}\)

ATQ,

\(\frac{x×6× 2 }{100}\) = 2× \(\frac{y × 9 × 3 }{100}\)

12x = 54y

x = 4.5y