CUET Preparation Today
A money lender charges Rs. 10 for Rs. 100 per month in advance then effective rate of interest per annum charged by money lender is: [given $(\frac{10}{9})^{12} = 3.541$] |
23.45% 25.41% 24.41% 10% |
25.41% |
The correct answer is Option (2) → 25.41% |
