railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Simple Interest
A sum of Rs. 22,400 amounts to Rs. 24,250 in 6 years at the rate of simple interest. What is the rate of interest (correct to two decimal places)?
1
1.02%
2
1.56%
3
1.65%
4
1.38%