What is the rate of interest per annum for simple interest at which ₹1,040 amounts to ₹1,230 in 1 1/2 years?

Question

What is the rate of interest per annum for simple interest at which ₹1,040 amounts to ₹1,230 in 1 1/2 years?

Options

A.

11 7/39 %

B.

10 7/39 %

C.

12 7/39 %

D.

13 7/39 %

simple interestrate of interestinterest calculationssc 2024

Solve This Question

Get instant feedback with detailed step-by-step solution

Start Solving →