1
Q:
A) 12% | B) 14% |
C) 15% | D) 16 |
Answer: B) 14%
Explanation:
Explanation:
S.I on Rs.750= T.D on Rs. 960
This means P.W of Rs. 960 due 2 years hence is Rs.750
Therefore , T.D= Rs. (960 - 750) = Rs. 210
Thus, S.I on Rs. 750 for 2 years is Rs. 210
Rate =[ (100 x 210) / (750 x 2) ] % = 14%