A) 5
B) 4
C) 6
D) 3
Correct Answer: A
Solution :
Simple interest \[=\frac{3}{20}2500\] Rs. 3750 \[\therefore \] \[Rate=\frac{S.I.\,\,\,\,100}{\Pr incipal\times Time}\] \[=\frac{3750\,\,\,\,100}{25000\times 3}=5%\] per annum Quicker Approach S.I. \[=\frac{3}{20}\] Principle \[\therefore \] \[\frac{S.I.}{\Pr incipal}=\frac{3}{20}\] \[\therefore \] \[Rate=\frac{S.I.}{\Pr incipal}\,\,\,\frac{100}{Time}\] \[=\frac{3}{20\,}\,\,\,\,\frac{100}{3}=5%\] per annumYou need to login to perform this action.
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