Question 81

In 4 years, the SI on a certain sum of money is $$\frac{7}{25}$$ of the principal. What is the annual rate of interest?

Solution

SI = $$\frac{PTR}{100}$$

Given SI = 7/25P when t=4

$$\frac{7}{25}P\ =\frac{4PR}{100}$$

=> R=7

Share on Whatsapp Share on Whatsapp

Video Solution

video

Click on the Email ☝️ to Watch the Video Solution

Create a FREE account and get:

All Quant Formulas and shortcuts PDF
200+ previous papers with solutions PDF
Top 5000+ MBA exam Solved Questions for Free

SNAP Quant Questions | SNAP Quantitative Ability

SNAP Number Systems Questions SNAP Time, Distance and Work Questions SNAP Progressions and Series Questions SNAP Functions, Graphs and Statistics Questions SNAP Venn Diagrams Questions

SNAP DILR Questions | LRDI Questions For SNAP

SNAP Logical Reasoning Questions SNAP Data Interpretation Questions

SNAP Verbal Ability Questions | VARC Questions For SNAP

SNAP Para Jumbles Questions SNAP Reading Comprehension Questions SNAP Vocabulary Questions SNAP Para Summary Questions SNAP Grammar and Sentence Correction Questions

Also Read

SNAP Syllabus

SNAP Admit Card

SNAP Cutoffs

SNAP Eligibility Criteria

SNAP Exam Dates

SNAP Colleges List

SNAP Study Material

SNAP Registration

SNAP Result

SNAP Previous Year Papers

SNAP Crash Course

SNAP Mock Tests

Follow us on

Boost your Prep!

Download App