Multiple choice

The simple and compound interest that can be earned in two years at the same rate is Rs 1500 and Rs 1575 respectively. What is the rate (% per annum) of interest? दो वर्षों में समान दर से अर्जित किया गया साधारण और चक्रवृद्धि ब्याज क्रमशः 1500 रुपये और 1575 रुपये है। ब्याज की दर (% प्रति वर्ष) क्या है?

  1. 8

  2. 10

  3. 12

  4. 5

  5. 9
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

For 2 years, the extra interest in CI over SI equals interest on first year's interest. Yearly SI = 1500/2 = 750. Difference = 1575 - 1500 = 75. Rate = (75/750) × 100 = 10%. Option B is correct.

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