Question 73
A certain sum becomes ₹ 650 at the end of one year and ₹ 676 at the end of second year. What is the Principle :
Solution
In the case of simple interest each of the years have same interest.
So the interest for one year is 676-650=26
Amount=Principle+Interest
650=Principle+26
Principle=650-26
Principle=Rs 624
Need AI Help?
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
