railway RRB JE (CBT I + CBT II) Mock Test 2024 Quantitative Aptitude Interest Simple Interest

Simple interest obtained on a sum of Rs. 3000 in 2 years is Rs. 120 more than the simple interest obtained on a sum of Rs. 2500 at same rate and time duration. Find the rate of interest.

1
15%
2
12%
3
8%
4
10%
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