3i-Infotech
Company
Numerical Ability
Simple & Compound Interest
A simple interest amount of rs 5000 for six month is rs 200. what is the anual rate of interest?
a) 10% b) 6% c) 8% d) 9%
Read Solution (Total 1)
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- S.I=P*N*R/100
200=5000*0.5*R/100
R=200*100/(5000*0.5)
R=8%
Ans is option (c) - 13 years agoHelpfull: Yes(8) No(0)
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