Multiple Choice Questions on A sum of Rs 12 500 amounts to Rs 15 500 in 4 years at the rate of simple interest What is the rate o........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

A sum of Rs 12 500 amounts to Rs 15 500 in 4 years at the rate of simple interest What is the rate o...........

Quant (SSC) Simple Interest
    Download Solution PDF

    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

    3%

    Incorrect Answer

    4%

    Incorrect Answer

    5%

    Incorrect Answer

    6%

    Correct Answer
    छोटे Courses बड़े Results
    Master Simple Interest
    Prepare through Micro-courses
    Try Now
    Explanation:

    S.I. = Rs. (15500 - 12500) = Rs. 3000.
    Rate = (100*3000/12500*4) % = 6%

    By: MIRZA SADDAM HUSSAIN
    ProfileResources

    Let's Discuss

    Master
    Simple Interest
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free