..:: Simple Interest on Arithmetic Aptitude related Questions and Answers

Simple Interest on Arithmetic Aptitude related Questions and Answers

Question : A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?

1. 3%
2. 4%
3. 5%
4. 6%
Answer : 4 - 6%

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