SSC CHSL 2024 PYQ — Question 75

The correct answer is option 3 i.e. ₹5,500.

Given that

Sum(P) + simple interest = 6600

Time(T) = 4 years

Rate of interest(R) = 5 percent per annum

Let the sum be P

Formula used 

S.I =  $\frac{P × R × T}{100}$

Hence, the simple interest

S.I = $\frac{P × 5 × 4}{100}$ 

⇒ S.I = $\frac{P}{5}$

According to the question 

P + $\frac{P}{5}$ = 6600

⇒ $\frac{6P}{5}$ = 6600 

⇒ P = 5500

Hence, the sum is 5500.