defence exam CRPF Constable Tradesmen & Technical 2023 Mock Test Quantitative Aptitude Interest Simple Interest
The difference of simple interest from two banks on ₹8,000 in 3 years is ₹800. If the rate of interest per annum in two banks are R1 and R2, then what is the value of R1 - R2 ? (Where R1 > R2)
1
\(5 \frac{1}{3}\%\)
2
\(3 \frac{1}{3}\%\)
3
\(1 \frac{1}{3}\%\)
4
\(2 \frac{1}{3}\%\)