Vishwanath
Friday, February 15, 2013
19. | A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest? |
|
Answer: Option D
Explanation:
S.I. = Rs. (15500 - 12500) = Rs. 3000.
Rate = |
| 100 x 3000 | % | = 6% |
12500 x 4 |
Title : Simple Interest Q19
Description : 19. A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest? A. 3% B. 4% C. 5% D. ...
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