d Question 27 | Job Exam Rare Mathematics (JEMrare) - Solved MCQs

# Question 27

Question 27: A man borrowed money at rate of 12 percent p.a. simple interest from a bank. He only had to pay Rs. 5400 in liue of interest for the period after 3 years term. What was the principal amount of loan ?

a. 6000                                   b. 15000                                     c. 13000

Federal Public Service Commission AD IB 2nd Batch 2017

Solution.

Let the principal amount or the initial amount of  loan be ‘x’;

We have been given,

R = 12 % pa

T = 3 years

I= 5400

Put values;

So, the borrowed amount is Rs 15000

Question 28: Two number are 20% and 50% respectively more bigger than a third number. The ratio between the two numbers is ?

a. 2:5                               b. 3:5                                 c. 4:5

FPSC Assistant Director IB 2nd Batch 2017

Solution.

Let the numbers be ‘x’, ‘y’, and ‘z’;

By condition first number ‘x’ is 20 % more than third number ‘z’;

And 2nd number ‘y’ is 50 % more than third number ‘z’;

now ;

,

So, the ration between x and y is 2:5