Question

If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as interest on Rs. 20,000 in the same number of years, what should be the rate of simple interest?

Q: Answer-If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as intere...

S.I P R T100 4800 12000 5 T100 T 4800600 T 8 years Similarly, 6400 20000 8 R 100 R 64001600 R 4 per annum

A 6%

B 8%

C 4%

D 5%

E None of these

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If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as interest on Rs. 20,000 in the same number of years, what should be the rate of simple interest?

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