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


    Question

    A person borrows some money for 2 years at a certain

    rate of simple interest. If the ratio of principal and total interest is 5 : 4, then what is the annual rate of interest?
    A 35 percent Correct Answer Incorrect Answer
    B 50 percent Correct Answer Incorrect Answer
    C 40 percent Correct Answer Incorrect Answer
    D 48 percent Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next

    Relevant for Exams:

    ask-question