A) 5%
B) 6%
C) 4%
D) 8%
Correct Answer: B
Solution :
Rate of interest \[=\frac{S.I\times 100}{P\times T}\] \[R=\frac{600\times 100}{2000\times 5}\] R = 6% p.a. Rate of interest is 6%.You need to login to perform this action.
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