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SSC Sample Paper SSC CGL - Sample Paper-23

  • question_answer
    Rs. 5000 earned Rs. 300 interest in 2 yr. The rate of interest is

    A) 6%                               

    B) 5%      

    C) 4%                               

    D) 3%

    Correct Answer: D

    Solution :

    \[\therefore \]      \[300=\frac{5000\times r\times 2}{100}\] \[\Rightarrow \]   \[r=\frac{3000\times 100}{5000\times 2}=3%\]


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