

Simple Interest - General Aptitude
Q1: A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?A 3%
B
4%
C
5%
D
6%
E
None of these
ANS:D - 6% S.I. = Rs. (15500 - 12500) = Rs. 3000.
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