App Logo

No.1 PSC Learning App

1M+ Downloads
The simple interest on a sum of ₹3,600 for 3 years and 4 months is ₹840. The rate of interest per annum is:

A6%

B8%

C9%

D7%

Answer:

D. 7%

Read Explanation:

image.png

Related Questions:

If Rs. 1000 is invested for two years at simple interest at the rate of 12.5% per annum, then what is the amount?
In how many years will Rs.5000 grow to Rs.10000 at 12.5% Simple Interest?
സാധാരണ പലിശ നിരക്കിൽ 450 രൂപ മൂന്നുവർഷം കൊണ്ട് 540 രൂപയായാൽ, പലിശ നിരക്ക് എന്ത്?
X took a loan of Rs. 12500 with simple interest for as many years as the rate of interest. If the interest paid at the end of the period was Rs. 18000, then what was the rate of interest?
1000 രൂപയ്ക്ക് 5% സാധാരണ പലിശനിരക്കിൽ രണ്ടുവർഷത്തേക്ക് എത്ര രൂപ പലിശ ലഭിക്കും?