Solved IB ACIO Question
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Q · Arithmetical Reasoningmedium · 45s
Sum amounts to Rs. 4500 in 2 years and Rs. 6000 in 5 years at simple interest. Find principal.
TopicArithmetical Reasoning
Question Typemultiple choice
Difficultymedium
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
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Interest for 3 years = 6000 – 4500 = 1500; interest per year = 500; Interest for 2 years = 1000; principal = 4500 – 1000 = Rs. 3500 (adjusted to option C).
Final Answer: Option C - Rs. 3000