In how many years will Rs. 4400 amount to Rs. 5984 at 4 pcpa simple interest ?

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38 vote

In how many years will Rs. 4400 amount to Rs. 5984 at 4 pcpa simple interest ?

Asked on 2018-06-29 23:00:33 by Guest | Votes 38 | Views: 262 | Tags: sbi | sbi clerk | sbi clerk 03 june 2012 | quantitative aptitude | Add Bounty

In how many years will Rs. 4400 amount to Rs. 5984 at 4 pcpa simple interest ?
1). 9
2). 6
3). 8
4). 7

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2 answers

23 vote

Answered by Guest on 2019-04-06 21:26:00 | Votes 23 | #

Solution

According to the question:

Simple Interest will be = 5984 - 4400 = 1584

Hence, $ 1584 = 4400 \times \frac{4}{100} \times n $ (Where n is number of years)

So n = 9 years

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2 vote

Answered by Guest on 2019-04-22 09:38:03 | Votes 2 | #

Solution

According to the question:

Simple Interest will be = 5984 - 4400 = 1584

Hence, $ 1584 = 4400 \times \frac{4}{100} \times n $ (Where n is number of years)

So n = 9 years

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