IPM Question Paper 2020 | IPM Rohtak Quantitative Aptitude

IPMAT Question Paper | IPMAT Question Paper | Question 1

IPMAT 2020 Question Paper IPM Rohtak Quantitative Aptitude. Solve questions from IPMAT 2020 Question Paper from IPM Rohtak and check the solutions to get adequate practice. The best way to ace IPMAT is by solving IPMAT Question Paper. To solve other IPMAT Question Papers, go here: IPM Question Paper

Question 1 : Present sum of money amounts to Rs 800 in two years and to Rs 920 in three years, then the present sum of money is

  1. 420
  2. 690
  3. 560
  4. None of the options

🎉 Ace the Final Stretch with our Last Mile Excellence – Your Ultimate CAT 2024 Boost!

Click here!


Video Explanation


Best CAT Coaching in Chennai


CAT Coaching in Chennai - CAT 2022
Limited Seats Available - Register Now!


Explanatory Answer

Now = x
At the end of 2nd year = Rs 800
At the end of 3rd year = Rs 920
So, Interest gained in one year = 120
In two years Rs 240 was gained.
So, Present money = 800 - 240 = Rs 560

The question is " Present sum of money amounts to Rs 800 in two years and to Rs 920 in three years, then the present sum of money is "

Hence, the answer is 560

Choice C is the correct answer.

 

CAT Questions | CAT Quantitative Aptitude

CAT Questions | Verbal Ability for CAT


Where is 2IIM located?

2IIM Online CAT Coaching
A Fermat Education Initiative,
58/16, Indira Gandhi Street,
Kaveri Rangan Nagar, Saligramam, Chennai 600 093

How to reach 2IIM?

Mobile: (91) 99626 48484 / 94459 38484
WhatsApp: WhatsApp Now
Email: info@2iim.com