SBI Junior Associate 2016 · Question 17 of 70

The S.I. on a certain sum of money for 15 months at the rate of 7.5% per annum exceeds the S.I. on the same sum at 12.5% per annum for 8 months by Rs. 3250. Find the sum.

simple-interest

Answer: E. (e) 312000

x×15/12×7.5/100 − x×8/12×12.5/100 = 3250; x = 312000

Source: SBI Clerk Prelims 2016 — Memory Based Paper (Questions & Solutions), Adda247 SBI Clerk 2021 Prelims Capsule · memory-based

Practice the full SBI Junior Associate 2016 paper

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SBI Junior Associate 2016 · Question 17 of 70

simple-interest

x×15/12×7.5/100 − x×8/12×12.5/100 = 3250; x = 312000

Source: SBI Clerk Prelims 2016 — Memory Based Paper (Questions & Solutions), Adda247 SBI Clerk 2021 Prelims Capsule · memory-based

Practice the full SBI Junior Associate 2016 paper

Timed test with all 70 questions, just like the real exam.