A certain sum amounts to Rs.1725 in 3 years and Rs.1875 in 5 years. Find the ra

Question

A certain sum amounts to Rs.1725 in 3 years and Rs.1875 in 5 years. Find the rate
% per annum?

Options:

A . 3%

B . 5%

C . 6%

D . 4%

Answer: Option B

3 --- 1725

5 --- 1875

--------------

2 --- 150

N = 1
I = 75 R = ?

P = 1725 - 225 = 1500

75 = (1500*1*R)/100

R = 5%

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