📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    ⚡ Month End Offer- Few Hours Left Flat 55% Off On All Courses!! Coode - OCT55 Enroll Now ⚡
    00:00:00 AM Left

    Question

    A sum on simple interest becomes 9/4 times of itself in

    five years, find the rate of interest.
    A 12% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 28% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer

    Solution

    Let the principle be Rs.x. So, interest = (9x/4) – x = 5x/4 Time = 5 years => SI = PRT/100 => 5x/4 = (x x 5 x R)/100 => R = 25%

    Practice Next
    ask-question