Get Started
3146

Q: A Certain sum of money an amounts to Rs 2500 in a span Of 5 years and further to Rs.3000 in a span of 7 years at simple interest The sum is ?

  • 1
    Rs. 1800
  • 2
    Rs. 2000
  • 3
    Rs. 1400
  • 4
    Rs. 1250
  • Show Answer
  • Workspace

Answer : 4. "Rs. 1250"
Explanation :

Answer: D) Rs. 1250 Explanation: 2500 in 5th year and 3000 in 7th year So in between 2 years Rs. 500 is increased => for a year 500/2 = 250So, per year it is increasing Rs.250 then in 5 years => 250 x 5 = 1250Hence, the initial amount must be 2500 - 1250 = Rs. 1250

Previous Next
Quantitative Aptitude IIT JEE GRE Bank Exams GATE CAT

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today