Quantitative Aptitude Interest Simple Interest

Suresh lent out a sum of money to Rakesh for 5 years at simple interest. At the end of 5 years, Rakesh paid 9/8 of the sum to suresh to clear out the amount. Find the rate of simple interest per annum.

1
3.5% p. a.
2
2.5% p. a.
3
3% p. a.
4
2% p. a.

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Other Tools: chatwiz.hivanix.in mmspace.hivanix.in unogame.hivanix.in

Quick Navigation

Home

Subjects

Chapters