Question

Varun invests a sum of ₹5400 and Ashish invests a sum of ₹9400 at the same rate of simple interest per annum. If, at the end of 3 years, Ashish gets ₹960 more interest than Varun, then find the rate of interest per annum (in percentage).

• A. 8
• B. 10
• C. 7
• D. 6

Answer 1

Answer:

A. 8

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