SSC CGL Exam > SSC CGL Questions > A sum of Rs. 24,000 amounts to Rs. 32,000 in ...
Start Learning for Free
A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?
- a)Rs. 10,000
- b)Rs. 10,150
- c)Rs. 10,400
- d)Rs. 10,500
Correct answer is option 'D'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate...
Given Data
- Principal amount (P) = Rs. 24,000
- Amount after 4 years (A) = Rs. 32,000
- Time period (t) = 4 years
Calculating Rate of Interest (R)
Using the formula for simple interest:
\[A = P + (P \cdot R \cdot t)\]
Substitute the given values:
\[32,000 = 24,000 + (24,000 \cdot R \cdot 4)\]
\[8,000 = 96,000R\]
\[R = \frac{8,000}{96,000} = \frac{1}{12}\]
So, the rate of interest is \( \frac{1}{12} \) or 8.33%
Calculating Amount for Rs. 6,000 in 9 years
- Principal amount (P) = Rs. 6,000
- Time period (t) = 9 years
- Rate of interest (R) = \( \frac{1}{12} \) or 8.33%
Using the formula for simple interest:
\[A = P + (P \cdot R \cdot t)\]
Substitute the given values:
\[A = 6,000 + (6,000 \cdot \frac{1}{12} \cdot 9)\]
\[A = 6,000 + 450 = Rs. 10,500\]
Therefore, a sum of Rs. 6,000 amounts to Rs. 10,500 at the same rate of interest in 9 years. The correct answer is option 'D'.
- Principal amount (P) = Rs. 24,000
- Amount after 4 years (A) = Rs. 32,000
- Time period (t) = 4 years
Calculating Rate of Interest (R)
Using the formula for simple interest:
\[A = P + (P \cdot R \cdot t)\]
Substitute the given values:
\[32,000 = 24,000 + (24,000 \cdot R \cdot 4)\]
\[8,000 = 96,000R\]
\[R = \frac{8,000}{96,000} = \frac{1}{12}\]
So, the rate of interest is \( \frac{1}{12} \) or 8.33%
Calculating Amount for Rs. 6,000 in 9 years
- Principal amount (P) = Rs. 6,000
- Time period (t) = 9 years
- Rate of interest (R) = \( \frac{1}{12} \) or 8.33%
Using the formula for simple interest:
\[A = P + (P \cdot R \cdot t)\]
Substitute the given values:
\[A = 6,000 + (6,000 \cdot \frac{1}{12} \cdot 9)\]
\[A = 6,000 + 450 = Rs. 10,500\]
Therefore, a sum of Rs. 6,000 amounts to Rs. 10,500 at the same rate of interest in 9 years. The correct answer is option 'D'.
Free Test
FREE
| Start Free Test |
Community Answer
A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate...
Interest in first case = 32,000 – 24,000 = 8,000
Hence, Option D is correct.
Hence, Option D is correct.
Attention SSC CGL Students!
To make sure you are not studying endlessly, EduRev has designed SSC CGL study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in SSC CGL.
|
Explore Courses for SSC CGL exam
|
|
Similar SSC CGL Doubts
Top Courses for SSC CGLView all
A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer?
Question Description
A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer?.
A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer?.
Solutions for A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC CGL.
Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free.
Here you can find the meaning of A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer?, a detailed solution for A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A sum of Rs. 24,000 amounts to Rs. 32,000 in 4 years at a certain rate of simple interest per annum. To what does a sum of Rs. 6,000 amount at the same rate in 9 years?a)Rs. 10,000b)Rs. 10,150c)Rs. 10,400d)Rs. 10,500Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice SSC CGL tests.
|
|
Explore Courses for SSC CGL exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup