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    5. At a simple interest rate of 7.5% per annum, a sum becomes ₹8,625 after two years. What is simple

    Question

    At a simple interest rate of 7.5% per annum, a sum

    becomes ₹8,625 after two years. What is simple interest? 
    A ₹1,125 Correct Answer Incorrect Answer
    B ₹1,335 Correct Answer Incorrect Answer
    C ₹1,275 Correct Answer Incorrect Answer
    D ₹1,405 Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
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