A) 5%
B) 6%
C) 4%
D) 8%
Correct Answer: A
Solution :
Simple interest \[=\frac{\text{Prinicipal }\!\!\times\!\!\text{ Rate }\!\!\times\!\!\text{ Time}}{\text{100}}\] \[\therefore \] \[\frac{x}{4}=\frac{x\times r\times 5}{100}\] \[\Rightarrow \] \[r=\frac{100}{4\times 5}\]\[\Rightarrow \]\[r=5%\]You need to login to perform this action.
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