Teaching Uttarakhand TET (UTET) Paper 1 & Paper 2 Mock Test 2024 Quantitative Aptitude Interest Simple Interest
Ashok borrowed Rs. 15,000 for 3 years at simple interest. If he paid Rs. 2700 as interest, then the rate of interest would be:
1
5.4% p.a.
2
6% p.a.
3
9% p.a.
4
18% p.a.