1.

Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:

A. <table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">16</td> <td class="ga-td-divident">2</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">3</td> </tr> </tbody></table>
B. <table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">14</td> <td class="ga-td-divident">1</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">2</td> </tr> </tbody></table>
C. <table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">13</td> <td class="ga-td-divident">1</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">3</td> </tr> </tbody></table>
D. 15%
Answer» B. <table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">14</td> <td class="ga-td-divident">1</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">2</td> </tr> </tbody></table>


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