A) 8%
B) 9%
C) 10%
D) 11%
Correct Answer: D
Solution :
Simple interest for 1 yr=Rs.\[(1729-1586)\]=Rs. 143 Simple interest for 2 yr = Rs. 286 \[\therefore \]Principal =Rs.\[(1586-286)\]= Rs. 1300 \[\therefore \]Rate, \[R=\frac{100\times SI}{P\times T}\] \[=\frac{100\times 143}{1300\times 1}=11%\]You need to login to perform this action.
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