SarkariPYQ

SSC Selection Post 2019 PYQ — Question 54

SSC Selection Post - Matriculation Level 2019 - 14 Oct 2019 - Shift 1 • Quantitative Aptitude • Q54

Back to paper

The difference between the compound interest and simple interest on x at 8.5% per annum for 2 years is ₹65.025. What is the value of x?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e. 9000.

CI - SI = x×(R100)2 x \times \left( \frac{R}{100} \right)^2 \\

65.025=x×(8.5100)2=x×72.251000065.025 = x \times \left( \frac{8.5}{100} \right)^2 \\= x \times \frac{72.25}{10000}

x=65.025×1000072.25=₹9000x = \frac{65.025 \times 10000}{72.25} = ₹9000