Test Index

RRB ALP CBT I 11 Feb 2026 Shift 1 Paper

© examsnet.com

Question : 15 of 75

Marks: +1, -0

What sum (in ₹) will earn an interest of ₹460 in 2 years at 8% simple interest per year?

3025
2675
3075
2875

Solution:

Concept:

Simple interest is calculated using the formula

SI = \frac{P \times R \times T}{100}

, where

P

is the principal,

R

is the rate per annum, and

T

is the time in years.

Explanation:

Given:

\text{SI} = \text{Rs. }460

,

R = 8\%

,

T = 2

years.

Substitute the values into the formula:

460 = \frac{P \times 8 \times 2}{100}

460 = \frac{16P}{100}

460 \times 100 = 16P

46000 = 16P

P = \frac{46000}{16}

P = 2875

Answer:

The required sum is

\text{Rs. }2875

, which matches option D.

© examsnet.com

Go to Question:

Prev Question

Next Question