In how much time will the simple interes

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

In how much time will the simple interest on a certain sum of money be \(\frac{7}{4}\) times of the sum at 14% per annum?

Options:

12.5

13.5

Correct Answer:

12.5

Explanation:

\(\frac{SI}{Principal}\) = \(\frac{7x}{4x}\)

S.I. = \(\frac{P × R × T}{100}\)

7x = \(\frac{4x × 14 × T}{100}\) ⇒ T = 12.5