A sum of ₹12,500 amounts to ₹15,500 in 4 years at simple interest. What is the rate of interest? ₹12,500 की राशि साधारण ब्याज पर 4 वर्षों में ₹15,500 हो जाती है। ब्याज की दर क्या है?
A
5% (5%)
B
6% (6%)
C
4% (4%)
D
8% (8%)
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Correct Answer 6%
Explanation
SI = 15500 - 12500 = 3000. R = (3000 x 100) / (12500 x 4) = 6%.