If the interest on Rs. 800 in 2 years is more than the interest on Rs. 400 by Rs. 40 in 2 years. Find the rate of simple interest.
- 5%
- 6%
- 7%
- 9%
Explanation
P1 = Rs.800
P2 = Rs.400
Time = 2 years
Difference in S.I. = Rs.40
Formula used:
S.I. = (PRT)/100
Calculation:
(P1RT)/100 – (P2RT)/100 = 40
⇒ RT(800 – 400) = 4000
⇒ R = 4000/800
⇒ R = 5%
∴ The rate of simple interest is 5%.
Related MCQs
- 200
- 250
- 300
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
- 25%
- 30%
- 35%
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
ایک طالب علم معیاری ٹیسٹ میں 84 ویں فیصد پر ہے۔ اس کا سب سے زیادہ قابل دفاع مطلب کیا ہے؟
- About 84% of the reference group scored no higher
- The learner answered exactly 84% of the items correctly
- The learner's raw score is 84 points above the mean
- Exactly 84% of all test items were easier for the learner