Question:
The simple interest on a sum equals 1/10 of itself in 4 years. Then the rate of interest will be
A2 1/2%
B1 1/2%
C2 3/4%
D3 1/4%
Answer:
A. 2 1/2%
Explanation:
n = 4 Principal =P Interest =P/10 PNR /100 =1 (PX4XR)/100 =P/10 R=2 1/2%
Question:
A2 1/2%
B1 1/2%
C2 3/4%
D3 1/4%
Answer:
n = 4 Principal =P Interest =P/10 PNR /100 =1 (PX4XR)/100 =P/10 R=2 1/2%
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