Question

Simple Interest received by a person in 5 years on a principal of Rs 6000 is 150 percent of the principal. What is the annual rate of interest?

A 20 percent
B 30 percent
C 10 percent
D 25 percent
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)