Question

    The simple interest accrued in five years on a

    principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
    A 1% Correct Answer Incorrect Answer
    B 1.5% Correct Answer Incorrect Answer
    C 4% Correct Answer Incorrect Answer
    D 2% Correct Answer Incorrect Answer

    Solution

    [if gte msEquation 12]> [if !msEquation]-->[endif]--> R = `(5000 x 100)/(50000 x 5)` [if gte msEquation 12]> 5,000 x  100 50,000 x 5 [if !msEquation]-->[endif]-->= 2% p.a.

    Practice Next