Vishwanath
Friday, February 15, 2013
21.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. 6%
E. None of these
Answer:
Option:D
S.I. = Rs. (15500 - 12500) = Rs. 3000. Rate | = |
| 100 x 3000 |
| = 6%. | 12500 x 4 |
|
Title : Simple Interest Q21
Description : 21.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. ...
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