RRB Group D 3-Dec-2018 Shift 3 Solved Paper

Question : 92 of 100

Marks: +1, -0

₹1775, invested for 6 years gives an interest of £852. The rate of simple interest per annum is :

Solution:

p= ₹1775
t= 6 years
S.I= ₹ 852
r=

{\S.\I×100}/{\P×\t}={852×100}/{1775×6}=

7.98% or 8%
Thus r= 8% p.a.

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