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RBI Grade B Phase 1 PYP >> May 28, 2022 - Shift 1 >> Quantitative Aptitude

Question :

Manvi invested a sum on money at __% rate of simple interest for __ years. Amount received by her is 140% more the sum invested.

What can come in place of the given blanks in same order?

I. 35, 4

II. 28, 5

III. 25, 6

1. Only II

2. Only I and II

3. Only III

4. Only I

5. None of these

Correct Answer : 2
Solution :

Let the rate% = R% and time = T years

Simple interest = amount - sum = 140% of sum

Then, simple interest = sum * rate * time/100

140% of sum = sum * R * T/100

RT = 140

From I: RT = 35 * 4 = 140

From II: RT = 28 * 5 = 140

From III: RT = 25 * 6 = 150 ≠ 140

Hence, only I and II are possible to fill the given blanks.

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