0 votes 0 votes Due to a fall in the rate of interest from $13\%$ p.a. to $12\frac{1}{2}\%$ p.a., a money lender's yearly income diminishes by ₹ $104$. His capital is : ₹ $21, 400$ ₹ $20,800$ ₹ $22,300$ ₹ $24,000$ Quantitative Aptitude nielit2019feb-scientistd simple-interest + – Lakshman Bhaiya asked Apr 3, 2020 • retagged Nov 12, 2020 by soujanyareddy13 Lakshman Bhaiya 13.7k points 996 views answer comment Share See all 0 reply Please log in or register to add a comment.
Best answer 1 votes 1 votes Rate reduce from $13\%$ to $12\frac{1}{2}\% $ p.a. Decrease in rate $= 0.5\%$ Decline in interest $= \text₹~104$ $\begin{align} 0.5\%~of~capital &= 104 \\ \implies capital &= \frac{104}{0.5}\times 100 = \text₹~20800 \end{align}$ Option B. Nikhil_dhama answered May 12, 2021 • selected Dec 12, 2022 by gatecse Nikhil_dhama 906 points comment Share See all 0 reply Please log in or register to add a comment.
1 votes 1 votes Answer is B $\frac{P*13*1}{100}-\frac{P*25*1}{2*100} = 104$ P = 200*104 = Rs.20800 neethu_seb answered Dec 12, 2022 neethu_seb 3.4k points comment Share See all 0 reply Please log in or register to add a comment.