<![CDATA[A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is ?]]>Answer : 2 50/9 % Explanation : Answer: B) 50/9 % Explanation: Let sum = S. Then, amount = 7S/6S.I. = 7S/6 - S = S/6; Time = 3 years.Rate = (100 x S) / (S x 6 x 3) = 5 5/9 = 50/9 %.

]]>https://forums.examsbook.com/topic/1130/a-sum-of-money-becomes-7-6-of-itself-in-3-years-at-a-certain-rate-of-simple-interest-the-rate-per-annum-isRSS for NodeMon, 05 Dec 2022 00:39:49 GMTSun, 02 Sep 2018 07:25:46 GMT60<![CDATA[Reply to A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is ? on Invalid Date]]>Answer : 2 50/9 % Explanation : Answer: B) 50/9 % Explanation: Let sum = S. Then, amount = 7S/6S.I. = 7S/6 - S = S/6; Time = 3 years.Rate = (100 x S) / (S x 6 x 3) = 5 5/9 = 50/9 %.