1.

Q: At a certain rate of interest the compound interest of 3 years and simple interest of 5 years for certain sum of money is respectively Rs. 1513.2 and Rs. 2400. Find the common rate of interest per annum ?

A. 0.05
B. 0.06
C. 0.04
D. 0.03
Answer» B. 0.06


Discussion

No Comment Found