railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Simple Interest
The rate of simple interest on a sum of money is 5% p.a. for the first 4 years, 8% p.a. for the next 3 years and 10% p.a. for the period beyond 7 years. If the simple interest accumulated by the sum over a period of 10 years is Rs. 1,850, then the sum is:
1
Rs. 1,650
2
Rs. 2,750
3
Rs. 2,500
4
Rs. 1,500