Multiple Choice Questions on The compound interest on a certain sum for two successive years are Rs 225 and Rs 238 50 The rate of........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The compound interest on a certain sum for two successive years are Rs 225 and Rs 238 50 The rate of...........

Quantitative Aptitude ( CCS) Compound Interest
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    The compound interest on a certain sum for two successive years are Rs. 225 and Rs. 238.50. The rate of interest per annum is

    15/2%

    Incorrect Answer

    5%

    Incorrect Answer

    10%

    Incorrect Answer

    6%

    Correct Answer
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    Explanation:

    Required Rate % = (238.50 - 225)/225 × 100 = 6%

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