A person lends Rs. 1540 for five years and Rs. 1800 for four years. If he gets Rs. 1788 as interest on both amounts, what is the rate of interest ? | Examsbook

Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you may not be able to execute some actions.

Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).

A person lends Rs. 1540 for five years and Rs. 1800 for four years. If he gets Rs. 1788 as interest on both amounts, what is the rate of interest ?

0

Ashu administrators Reply Quote

Answer : 3 12% Explanation : Answer: C) 12% Explanation: Let the interest rate be r%We know that,S.I = PTR/100=

Loading More Posts
1
Posts
39
Views

1 / 1