Menu
Popular Courses
Search
Question
At some rate of simple interest, A lent Rs.6,000 to B for 2 years and Rs.1,500 to C for 4 years and received Rs.9,00 as interest from both of them together. The rate of interest per annum was
Options:
A .  6%
B .  5%
C .  10%
D .  8%
Answer: Option B
Answer: (b)Using Rule 1,If rate of interest be R% p.a. then,SI = ${\text"Principal × Rate × Time"/100$${6000 × 2 × R}/100 + {1500 × 4 × R}/100$= 900120 R + 60R = 900180R = 900R = $900/180$ = 5%

Was this answer helpful ?
Next Question

Submit Comment/FeedBack

Your email address will not be published. Required fields are marked *

More Questions on This Topic :


Share this page with your friends!

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024
Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024
Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024
GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024
CBT Mixed Test 1 GPOE/GPA SAIL E0 2024