ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      The simple interest on a sum of Rs X in 5 years is

      (2/5)of the principal. What is the annual rate of interest?
      A 8% Correct Answer Incorrect Answer
      B 14% Correct Answer Incorrect Answer
      C 16% Correct Answer Incorrect Answer
      D 12% Correct Answer Incorrect Answer

      Solution

      Let the value of X =100 So simple interest =100├Ч2/5=40. Rate = (40├Ч100)/100├Ч5 =8%

      Practice Next
      More Simple and compound interest Questions

      Relevant for Exams:

      ask-question