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A sum of money amounts to Rs. 1100 in 2 years and Rs. 1400 in 6 years at simple Interest. Find the rate percent.
  • a)
  • b)
  • c)
  • d)
    None
  • e)
    All of the above
Correct answer is option 'A'. Can you explain this answer?
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A sum of money amounts to Rs. 1100 in 2 years and Rs. 1400 in 6 years ...
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A sum of money amounts to Rs. 1100 in 2 years and Rs. 1400 in 6 years ...
1400and 1100 difference 300 .years difference is 4, 300---4 ,2---150 ,1---75, therefore 75/950×100=7 17/19%
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A sum of money amounts to Rs. 1100 in 2 years and Rs. 1400 in 6 years at simple Interest. Find the rate percent.a)b)c)d)Nonee)All of the aboveCorrect answer is option 'A'. Can you explain this answer?
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