SSC CHSL 2021 PYQ — Question 73

The correct answer is Option 2 i.e. 4.

Given:

Principle = Rs.5,450

Amount = Rs.8,175

Rate = 12.5%

Formula Used:

$S.I. = {(P \times R \times T) \over 100}$

Explanation:

According to the given question,

S.I. = Amount - Principle = 8175 - 5450 = 2725

Now, $2725 = {(5450 \times 12.5 \times T) \over 100}$

⇒ $2725 = {(5450 \times 12.5 \times T) \over 100}$

⇒ T = 4 years

Hence the required answer is 4 years.