RRB NTPC · Question 34
The simple interest on an amount of Rs. 13400 for 4 years is Rs. 2680. The rate of interest is:
Show answer & explanation
Answer: (C) 5%
Explanation
Rate = SI × 100/(P × T) = 2680 × 100/(13400 × 4) = 5%.
RRB NTPC · Question 34
Answer: (C) 5%
Rate = SI × 100/(P × T) = 2680 × 100/(13400 × 4) = 5%.