Multiple Choice
certain sum earns simple interest of Rs. 800 in 2 years at a certain rate of interest. If the samesum earns compound interest of Rs. 845 in the same period of 2 years, What must be the rate ofinterest?
A) 5% p.a.
B) 7.5% p.a.
C) 10% p.a.
D) 12.5% p.a.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: Operation research approach is<br>A)multi-disciplinary<br>B)artificial<br>C)intuitive<br>D)all of the above
Q12: Aman got a salary of Rs. 8600.
Q13: In how many years, Rs. 200 will
Q14: A man got Rs. 130 less, as
Q15: 1/5 part of an amount was given
Q17: Aman invests Rs. 8000 at some rate
Q18: What is the minimum number of years
Q19: An amount becomes 7 times in 15
Q20: Akhil borrowed a certain sum of money
Q21: If simple interest for 2 years for