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Discussion

  1. The simple interest on a sum of money at 10% per annum for 6 year is half the sum. Then, the sum is ?
    1. Rs 5000
    2. Not possible
    3. Rs 4000
    4. Rs 6000
  1. Correct Option: B

    Let the sum be Rs 'y'
    Since Simple Interest = Rs ( y / 2)
    and, T = 6 yr , R = 10% per annum
    So Simple Interest, SI = (P x R x T)/100
    where, R = Rate
    T = Time
    SI= Simple Interest
    now, According to problem, ( y / 2 ) = ( y x 10 x 6)/100
    ⇒ (1/2)=(6/10)
    ⇒ which is not true, so it is not a possible case.


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