What is the rate p.c.p.a. on an amount of Rs. 6,000 deposited in a Bank? A. The simple interest for four years is Rs. 3600.B. The difference between the simple interest and compound interest is Rs. 894.0375.

What is the rate p.c.p.a. on an amount of Rs. 6,000 deposited in a Ban

1.	What is the rate p.c.p.a. on an amount of Rs. 6,000 deposited in a Bank? A. The simple interest for four years is Rs. 3600.B. The difference between the simple interest and compound interest is Rs. 894.0375.
A.	A
B.	B
C.	C
D.	D
E.	E
Answer» B. B