Multiple Choice Questions on Simple interest on a sum after 6 years is 9 25 of the sum The rate of interest per annum is ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

Simple interest on a sum after 6 years is 9 25 of the sum The rate of interest per annum is ........

Quant (SSC) Simple Interest
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    Simple interest on a sum after 6 years is 9/25 of the sum. The rate of interest per annum is

    4%

    Incorrect Answer

    5%

    Incorrect Answer

    6%

    Correct Answer

    8%

    Incorrect Answer
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    Explanation:

    Simple Interest /Principal = 9/25
    Rate = SI × 100 /Principal × Time
    = 9/25 x 100/6 = 6%

    By: Amit Kumar
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