ABC26GN4056 · Simple Interest

Subject: General Aptitude · Chapter: Simple Interest · Exam: · Marks: · Difficulty:

The simple interest on a sum of money at 8\% per annum for 6 years is half the sum. The sum is :

(a)₹ 4800

(b)₹ 6000

(c)₹ 8000

(d)Data inadequate

Answer

Answer (as printed): D

Explanation

Let sum $=x$. Then, S.I. $=\frac{x}{2}$. $\therefore \quad \frac{x}{2}=\frac{x \times 8 \times 6}{100}$. Clearly, data is inadequate.

Explanation as extracted from the printed page; notation may be imperfect.