What is the rate of simple interest if a sum of money amounts to ₹ 2,784 in 4 years and ₹ 2,688 in 3 years?
CA Foundation · Quantitative Aptitude · RTP · May 2025
What is the rate of simple interest if a sum of money amounts to ₹ 2,784 in 4 years and ₹ 2,688 in 3 years?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. 4% p.a.
Topics: Part-A: Business Mathematics
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