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- A sum of Rs 12,500 amounts to Rs.
Question 1:
A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent A. 9 %
B. 8 %
C. 7 %
D. 6 %
Feedback R=S.Ix100/PxT
So, S.I = 15500 - 12500 = 3000.
R=3000x100/12500x4=6%
So, S.I = 15500 - 12500 = 3000.
R=3000x100/12500x4=6%
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