CUET Preparation Today
At what rate of simple interest, a sum of ₹1,800 will become ₹2,700 in 10 years? |
10% 6% 6.75% 5% |
5% |
P = Rs. 1800, r = ? and time = 10 years , Amount = 2700 Interest = 2700 - 180 = 900 As we know, 900 = (Prt/100) 900 = (1800 × r × 10)/100 r = 5% |
