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Answer : 1. "4% "
A sum of money at simple interest amounts to ₹ 1,012 in $$2{1\over2}\%$$ years and to ₹ 1,067.20 in 4 years. The rate of interest per annum is:
5Q:
A sum of money at simple interest amounts to ₹ 1,012 in $$2{1\over2}\%$$ years and to ₹ 1,067.20 in 4 years. The rate of interest per annum is:
- 14%true
- 25%false
- 32.5%false
- 43%false
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Answer : 1. "4% "
Explanation :
