Question

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2.
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4.
Answer (Detailed Solution Below)

Option 4 : 8%

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Detailed Solution

सही उत्तर 8% है।

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PrepSnapprepsnap.in • Part -A

Question:

At what rate of simple interest per annum will Rs 4,500 amount to Rs 5,940 in 4 years?

1.
6%
2.
7.5%
3.
9%
4.
8%

Correct Answer: 8%

Simple interest = 5940 - 4500 = 1440. Rate = (1440 x 100)/(4500 x 4) = 8% per annum. / साधारण ब्याज = 5940 - 4500 = 1440। दर = (1440 x 100)/(4500 x 4) = 8% वार्षिक।

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