Question

Simple Interest on a certain sum is its 144%. If rate percent is equal to the number of year then find the rate percent.

A 8% Correct Answer Incorrect Answer
B 10% Correct Answer Incorrect Answer
C 12% Correct Answer Incorrect Answer
D 14% Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

S.I = (P ×R ×T)/100 (100×x×x)/100 =144 x²=144 x = 12 Rate percent = 12% per annum

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