1.

The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is :

A. 7% per annum
B. 8% per annum
C. 9% per annum
D. 10% per annum
Answer» C. 9% per annum


Discussion

No Comment Found

Related MCQs