Question

1
1. 1800 amounts to 2250 in 5/2 yr. The rate per cent is
(2) 5
(1) 10
(3) 20
(4) 15
​

Answer 1

Answer:

5%

Correct option is

P = Rs. 1,800, A = Rs. 2,700,

T = 10 years.

I = A - P = 2700 - 1800 = Rs. 900

R=P×T100×I=1800×10100×900=5%