Multiple choice

Mr. Raj invested an amount of Rs. 21250 for 6 years. At what rate of simple interest will he obtain the total amount of Rs. 26350 at the end of 6 years? मि. राज 21250 रू. की धनराशि 6 वर्ष के लिए निवेश करते है। साधारण ब्याज की किस दर पर 6 वर्ष के अन्त में 26350 रू. की कुल धनराशि प्राप्त होगी?

  1. 3%

  2. 4%

  3. 4.5%

  4. 6.2%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Interest earned = 26350 - 21250 = 5100 over 6 years. Simple Interest formula: SI = P×R×T/100. 5100 = 21250×R×6/100. R = 5100×100/(21250×6) = 510000/127500 = 4%. Option B is correct. Options A, C, D are incorrect rates.