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SSC GD 2025 PYQ — Question 45

SSC GD Const 2025 (English) - 04 Feb 2025 - Shift 1 • Quantitative Aptitude • Q45

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Vipul invests a sum of ₹5400 and Vijay invests a sum of ₹9400 at the same rate of simple interest per annum. If, at the end of 5 years, Vijay gets ₹840 more interest than Vipul, then find the rate of interest per annum (in percentage).

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Correct answer: A

Explanation

The correct answer is Option 1 i.e. 4.2.

Difference in Interest = 9400−5400 = 4000

⇒4000×R×5100=840⇒200R=840⇒R=840200=4.2%\Rightarrow \frac{4000 \times R \times 5}{100} = 840 \\[8pt] \Rightarrow 200R = 840 \\[8pt] \Rightarrow R = \frac{840}{200} = 4.2\%