Question 3
SSC-CGL 2020 Mar 3 Shift 2
An amount x is invested at 10% p.a., and gives Rs. 1201.2 in 2-1/3 years. What is x?
Solution in Brief
Formula is SI = PRT/100.
$\displaystyle P = x$, $\displaystyle R = 10$, $\displaystyle T = 2\frac13 = 7/3$
$\displaystyle \therefore 1201.2 = \frac{x \times 10 \times (7/3)}{100}$
$\displaystyle \therefore x = 5148\:\underline{Ans}$
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