Question

A sum lent out at simple interest amounts to 6076 in 1 year and 7504 in 4 years. The sum and the rate of interest p.a. are respectively

A 5600rs ,8.5%
B 5800rs ,8%
C 6200rs, 6%
D 5400rs ,7.5%
Practice Next

More Simple and compound interest Questions

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)