📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    6 copies of a book can be bought for a certain sum

    payable at the end of a year, and 7 copies of the same book can be bought for the same sum in cash money. What is the rate per annum of simple interest (correct to one decimal place)?
    A 10.9% Correct Answer Incorrect Answer
    B 15.5% Correct Answer Incorrect Answer
    C 16.7% Correct Answer Incorrect Answer
    D 30.4% Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
    ask-question