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Ankita borrows Rs.7000 at simple Interest from a lender. At the end of 3 years, she again borrows Rs.3000 and settled that amount after paying Rs.4615 as interest after 8 years from the time she made the first borrowing. what is the rate of interest?a)5.5%b)9.5%c)7.5%d)6.5%e)None of the AboveCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared
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Ankita borrows Rs.7000 at simple Interest from a lender. At the end of 3 years, she again borrows Rs.3000 and settled that amount after paying Rs.4615 as interest after 8 years from the time she made the first borrowing. what is the rate of interest?a)5.5%b)9.5%c)7.5%d)6.5%e)None of the AboveCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Ankita borrows Rs.7000 at simple Interest from a lender. At the end of 3 years, she again borrows Rs.3000 and settled that amount after paying Rs.4615 as interest after 8 years from the time she made the first borrowing. what is the rate of interest?a)5.5%b)9.5%c)7.5%d)6.5%e)None of the AboveCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Ankita borrows Rs.7000 at simple Interest from a lender. At the end of 3 years, she again borrows Rs.3000 and settled that amount after paying Rs.4615 as interest after 8 years from the time she made the first borrowing. what is the rate of interest?a)5.5%b)9.5%c)7.5%d)6.5%e)None of the AboveCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Ankita borrows Rs.7000 at simple Interest from a lender. At the end of 3 years, she again borrows Rs.3000 and settled that amount after paying Rs.4615 as interest after 8 years from the time she made the first borrowing. what is the rate of interest?a)5.5%b)9.5%c)7.5%d)6.5%e)None of the AboveCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Quant tests.