Multiple Choice Questions on A Principal amount give Rs 12750 as SI for 7 years at the rate of 10 to get the same amount of inter........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A Principal amount give Rs 12750 as SI for 7 years at the rate of 10 to get the same amount of inter...........

Quantitative Aptitude ( CCS) Simple Interest
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    A Principal amount give Rs.12750 as SI for 7 years at the rate of 10% to get the same amount of interest of 10 years, what will be the rate of interest ?

    5%

    Incorrect Answer

    7%

    Correct Answer

    9%

    Incorrect Answer

    4%

    Incorrect Answer
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    Explanation:

    SI = PRT/100
    =  12750*7*10/100 = 8925
    SI = 8925
    R = 8925*100/12750*10 = 7%

    By: Pranav Gupta
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