Question

A sum of money becomes ₹5,600 in 4 years and ₹6,400 in 8 years at simple interest. Find the rate of interest per annum.

A 3%
B 4.2%
C 5%
D 6.5%
Practice Next

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)