Multiple Choice Questions on If rupee two produces rupees eleven over a period of 30 years find the rate of simple interest ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

If rupee two produces rupees eleven over a period of 30 years find the rate of simple interest ........

Quant (SSC) Simple Interest
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    If rupee two produces rupees eleven over a period of 30 years, find the rate of simple interest ?

    17.25 %

    Incorrect Answer

    18.14 %

    Incorrect Answer

    18.33 %

    Correct Answer

    17.35 %

    Incorrect Answer
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    Explanation:

    We know that I = PTR/100
    11 = (2x30xR)/100
    R = 18.333 %

    By: MIRZA SADDAM HUSSAIN
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