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

  • google app store apple app store

    • Question

      A sum of ₹7,500 amounts to ₹11,700 in 8 years at a

      certain rate of simple interest. Find the rate of interest per annum.
      A 7% Correct Answer Incorrect Answer
      B 7.5% Correct Answer Incorrect Answer
      C 8% Correct Answer Incorrect Answer
      D 6% Correct Answer Incorrect Answer

      Solution

      P =7500, A =11700, T=8y SI=A-P=11700-7500 SI=4200, R=? = (4200×100)/7500×8 =21/3 =7% R=7%.

      Practice Next

      Relevant for Exams:

      ask-question