Q. A person deposited Rs. 400 for 2 years, Rs. 550 for 4 years and Rs. 1200 for 6 years. He received the total simple interest of Rs. 1020. The rate of interest per annum is - Study24x7
Social learning Network
3613 followers study24x7 29 Feb 2020 11:24 AM study24x7 study24x7

Q. A person deposited Rs. 400 for 2 years, Rs. 550 for 4 years and Rs. 1200 for 6 years. He received the total simple interest of Rs. 1020. The rate of interest per annum is

A

10%

B

5%

C

15%

D

20%

study24x7
Write a comment
Related Questions
500+   more Questions to answer
Most Related Articles