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SSC CHSL 2021 PYQ — Question 61

SSC CHSL - 19 April 2021 - Shift 1 • Quantitative Aptitude • Q61

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A sum of Rs. x amounts to Rs. 9,246 in 4 years and to Rs. 11,298.75 in 7127{{1} \over 2} years, at y% p.a. simple interest. The values of x and y are, respectively.

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Correct answer: C

Explanation

The correct answer is Option 3 i.e. 6900 and 8.5.

A1 = 9246 in 4 years

A2 = 11298.75 in 7(1/2) years

So, SI in 7(1/2) - 4 years = 11298.75 - 9246 = 2052.75

7/2 years = 2052.75

1 year SI = 586.5

4 years SI = 2346

So, P = 9246 - 2346 = 6900

R = 586.5/6900 × 100 = 8.5%