Question Description
Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer?.

Solutions for Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Aman borrowed a certain sum from Mohan at a certain rate of simple interest for 2 years. He lent this sum to Sohan at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 3225 as compound interest but paid Rs. 3000 only as simple interest. Find the rate of interest.a)5%b)10%c)15%d)20%Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.