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Question

The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50 . The difference between their rates of interest is  :


Options:
A .  0.1%
B .  0.2%
C .  0.3%
D .  0.4%
E .  None of these
Answer: Option C

`((1500 xx R_1 xx 3)/(100)) - ((1500 xx R_2 xx 3)/(100))` = 13.50

`hArr        4500(R_1 - R_2) =  1350`

`hArr    R_1 - R_2 =  1350/4500`

`hArr      R_1 - R_2 `= 0.3%.




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