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Reena took a loan of Rs 1200 with simple interest for a certain number of years. The number of years is the same as the interest rate. If she has paid Rs 432 as interest at the end of the loan period, what was the rate of interest?
  • a)
    3.6
  • b)
    6
  • c)
    12
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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Reena took a loan of Rs 1200 with simple interest for a certain number of years. The number of years is the same as the interest rate. If she has paid Rs 432 as interest at the end of the loan period, what was the rate of interest?a)3.6b)6c)12d)None of theseCorrect answer is option 'B'. Can you explain this answer?
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Reena took a loan of Rs 1200 with simple interest for a certain number of years. The number of years is the same as the interest rate. If she has paid Rs 432 as interest at the end of the loan period, what was the rate of interest?a)3.6b)6c)12d)None of theseCorrect answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Reena took a loan of Rs 1200 with simple interest for a certain number of years. The number of years is the same as the interest rate. If she has paid Rs 432 as interest at the end of the loan period, what was the rate of interest?a)3.6b)6c)12d)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Reena took a loan of Rs 1200 with simple interest for a certain number of years. The number of years is the same as the interest rate. If she has paid Rs 432 as interest at the end of the loan period, what was the rate of interest?a)3.6b)6c)12d)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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