March 21, 2024 |
A sum of Rs. 2200 is invested at two
different rates of interest. The difference
between the interests got after 4 years is
Rs. 202.40. What is the difference between
the rates of interest ?
A 3.30%
B 2.30%
C 3.50%
D 2.50%
Correct answer is: 2.30%
Explanation:
If the rate of interest be r 1 % and r 2 % per an num,
then, 2200 × 4 ( r 1 − r 2 ) 100 = 202.40
r 1 − r 2 = 202.40 × 100 2200 × 4
= 2.3% per annum
upendra ? answered undefined replay
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