New Enroll in RBI Grade B New Batch - Starts on May 21

    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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