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SSC CGL 2018 PYQ — Question 90

SSC CGL Tier II Quant - 09/03/2018 • Quantitative Aptitude • Q90

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Instructions

The table given below shows the ratio of cars and Bikes manufactured by 5 different companies. The table also shows the ratio of three different types of cars Cl, C2 and C3 and three different types of bikes al, B2 and B3 manufactured by these 5 different companies. Total numbers of car and bikes together manufactured by D, E, F, G and H are 300000, 280000, 320000, 400000 and 480000 respectively.

Company Car : Bike C1 : C2 : C3 B1 : B2 : B3
D 1 : 02 2 : 03 : 05 2 : 02 : 01
E 3 : 01 1 : 01 : 01 2 : 03 : 02
F 1 : 01 2 : 01 : 01 1 : 01 : 02

G

 3 : 01 2 : 03 : 01 1 : 02 : 02
H 1 : 02 1 : 02 : 01 2 : 01 : 05

 

A bank gives Rs 25,000 on a saving a certain principal in 2 years at 8% rate of interest. How much will the bank give (in Rs) on the same principal in 4 years at the same rate of interest compounded annually?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e. 29160

Understanding

Application

A bank gives Rs 25,000 on a saving a certain principal in 2 years at 8% rate of interest.

So,

25000 = P + (P × 8 × 2)/100

1.16P = 25000

P = 25000/1.16

So,

Principal = Rs. 25000/1.16

Now,

For CI:

P = 25000/1.16

R = 8% and T = 4

So,

A = 25000/1.16 × (1 + 8/100)4

= 29160 (Approx.)