If the simple interest on ₹ 1,200 be more the interest on ₹ 1,000 by ₹ 30 in 3 year. Find the rate percent per annum.
CA Foundation · Quantitative Aptitude · MTP · September 2026
If the simple interest on ₹ 1,200 be more the interest on ₹ 1,000 by ₹ 30 in 3 year. Find the rate percent per annum.
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. 5%
Topics: Part-A: Business Mathematics
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