7th Class Mathematics Related to Competitive Exam Question Bank Applied Mathematics

  • question_answer
    The annual installments of Rs. 600 will discharge a loan of Rs. 3540, due after 5 years.  Find the rate of interest per anum.

    A) 6%

    B) 7%

    C)  8% 

    D)  9%

    E)  None of these

    Correct Answer: D


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