Question

Simple interest for the sum of Rs 1230 for 2 yr
is Rs 10 more than the simple interest for Rs
1130 for the same duration. Find the rate of
interest.
A. 5%
B. 2%
C. 6%
D. 8%​

Answer 1

Answer:

According to the question,

1230×2×R100−1130×2×R100=10

=> 200100

R=10

R=5%

Explanation:

so the correct option is A

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