Multiple choice

If the difference between interest received by A and B is Rs. 216 on Rs. 3600 for 3 years. What is the difference in rate of interest ? यदि A और B द्वारा प्राप्त ब्याज का अन्तर 3600 रू. के लिए 3 वर्ष में 216 रू. है तो ब्याज दरों में अन्तर क्या है ?

  1. 1%

  2. 1.5%

  3. 2%

  4. 2.5%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let the rate difference be d%. The interest difference is 3600 × 3 × d/100 = 216. Solving: 108d = 216, so d = 2%. This is a direct application of the simple interest formula.

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