Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Simple Interest

A certain sum of money on a certain annual rate of simple interest becomes Rs. 1008 in 2 years and Rs. 1164 in \(3\frac{1}{2}\) years. Find the sum and the annual rate of interest.

1

Rs. 800, 12%

2

Rs. 875, 12.55%

3

Rs. 850, 12%

4

Rs. 800, 13%

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