Join ExamsbookAnswer : 1. "Rs. 1100"
The compound interest on a certain sum for 2 years at 10% per annum is Rs. 1155. The simple interest on the same sum for double the time at half the rate percent per annum is ?5
Q: The compound interest on a certain sum for 2 years at 10% per annum is Rs. 1155. The simple interest on the same sum for double the time at half the rate percent per annum is ?
- 1Rs. 1100true
- 2Rs. 5500false
- 3Rs. 1400false
- 4Rs. 4120false
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Answer : 1. "Rs. 1100"
Explanation :
Answer: A) Rs. 1100 Explanation: Let the sum be Rs.x. Then, x1+101002-x=1155 ⇒x11102-1=1155 => x =5500 sum = Rs. 5500. So, S.I = Rs. 5500×5×4100 = 1100