Question

A man buys a land and gives for it 20 times the annual rent find the raye of interest he gets for his money.
A) 10% B) 24%. C) 45% D) 18% E) 5%​

Answer 1

Answer:

5%

Step-by-step explanation:

let annual rent is 1 Rs. so buys the land at 20 Rs. So by investing Rs.20 he is getting Rs.1 as interest. so on Rs.100 he gets Rs.5 . so rate%=5%.Hence option E is the answer.