Question
Download Solution PDFA sum becomes Rs. 10650 in 5 years. and Rs. 11076 in 6 years at simple interest. What is the sum?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept Used:
In this type of question, number can be calculated by using the below formulae
Formula Used:
If a sum with simple interest rate, amounts to Rs. ‘A’ in y years. and Rs. ‘B’ in z years. then,
P = (A × z – B × y)/(z – y)
Calculation:
Using the above formulae, we have
⇒ P = (10650 × 6 – 11076 × 5)
⇒ P = Rs. 8520
∴ Required principal is Rs. 8520
A sum becomes Rs. 10650 in 5 years. and Rs. 11076 in 6 years. at simple interest
Interest of 1 year = 11076 – 10650 = Rs. 426
Interest of 5 year = 426 × 5 = 2130
∴ Required principal = 10650 – 2130 = Rs. 8520
Last updated on Jun 11, 2025
-> The SSC GD Notification 2026 will be released in October 2025 and the exam will be scheduled in the month of January and February 2026.
-> The UPSC Prelims Result 2025 and UPSC IFS Result 2025 has been released @upsc.gov.in
-> The SSC GD Merit List is expected to be released soon by the end of April 2025.
-> Previously SSC GD Vacancy was increased for Constable(GD) in CAPFs, SSF, Rifleman (GD) in Assam Rifles and Sepoy in NCB Examination, 2025.
-> Now the total number of vacancy is 53,690. Previously, SSC GD 2025 Notification was released for 39481 Vacancies.
-> The SSC GD Constable written exam was held on 4th, 5th, 6th, 7th, 10th, 11th, 12th, 13th, 17th, 18th, 19th, 20th, 21st and 25th February 2025.
-> The selection process includes CBT, PET/PST, Medical Examination, and Document Verification.
-> The candidates who will be appearing for the 2025 cycle in the exam must attempt the SSC GD Constable Previous Year Papers. Also, attempt SSC GD Constable Mock Tests.
-> UPSC Prelims Result 2025 Date Out soon @https://upsconline.nic.in/