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

    Question

    Simple interest on a sum of Rs 100 is Rs. 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

    Solution

    Here R=T S.I = (P ×R ×T)/100 , (100×R×R)/100 =144 R²=144 R = 12 Rate percent = 12% per annum

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