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Railways Sample Paper RRB (Assistant Loco Pilot & Technician) Sample Test Paper-12

  • question_answer
    If the interest on Rs. 1200 be more than the interest on Rs 1000 by Rs 30 in 3 years. Find the rate percentage

    A)  7%                              

    B)  8%

    C)  6%                  

    D)       5%

    Correct Answer: D

    Solution :

     Interest on Rs. 200 in 3 years = Rs. 30      \[\therefore \] rate% \[=\frac{I\times 100}{P\times T}\]                                 \[=\frac{30\times 100}{200\times 3}=5%\]


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