Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

At what rate of simple interest, a sum of ₹1,800 will become ₹2,700 in 10 years?

Options:

10%

6%

6.75%

5%

Correct Answer:

5%

Explanation:

The correct answer is Option (4) → 5%