CUET Preparation Today
The simple interest on Rs.1650 increases by Rs.495 when the time increases by 3 years. Find the rate of interest per annum. |
12% 20% 10% 15% |
10% |
The increase in interest is due to time ⇒ \(\frac{1650\;×\;3\;×\;rate}{100}\) = 495 ⇒ rate = 10% |
