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8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    DIRECTIONS: Passage-4 Read the passage(s) given below and answer the questions that follow. Rs. 2000 amounts to Rs. 2600 in five years at a certain rate of simple interest. What is the simple interest?

    A) Rs. 500          

    B)                      Rs. 600

    C) Rs. 400          

    D)                      Rs. 800

    Correct Answer: B

    Solution :

    Simple Interest = Amount ? Principal = Rs. 2600 ? Rs. 2000 = Rs. 600


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