RRB NTPC 18 January 2017 Paper

Question : 92 of 120

Marks: +1, -0

The amount of simple interest on a deposit of ` 8,500for 3 years is ₹ 2,040. Find the rate of interest perannum.

Solution:

(1) S.l.

= 2040 , \ { P } = 8500 , \ { T } = 3 \ { yrs }

\ { R } = ?

\ { R } \% = \ { \ { SI } \× 100 }/ { \ { P } \× \ { T } } = \ { 2040 \× 100 } /{ 8500 \× 3 } = 8 \%

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