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

  • google app store apple app store

    • Question

      Ramesh borrowed ₹15,000 at a certain rate of simple

      interest from a bank. He repaid (the principal but not interest) ₹6,000 after 5 years, and after 5 more years he paid ₹18,600 and settled his account. Find the rate of simple interest per annum.
      A 12% Correct Answer Incorrect Answer
      B 10% Correct Answer Incorrect Answer
      C 8% Correct Answer Incorrect Answer
      D 6% Correct Answer Incorrect Answer

      Solution

      The correct answer is C

      Practice Next
      ask-question