aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
Multiple choice

At certain rate of simple interest. Rs. 1,000 becomes Rs. 2,000 in 5 years and at a different rate of interest it becomes Rs. 3,000 in 12 years. The better rate of interest is-

  1. 24%

  2. 15%

  3. 20%

  4. 16.67%

Reveal answer Fill a bubble to check yourself
D Correct answer

Keep practicing — related questions

  • Deepak opened a recurring deposit account in a bank and deposited Rs. 500 per month for 3 years. If he will...
  • A, B and C were partners sharing profits in the ratio 5 : 4 : 1. 'A' retired and new ratio was decided as 3...
  • Which of the following is rate of interest given to Radha, if she receives the maturity amount of Rs. 6,455...
  • Which of the following bacteria are examples of free-living nitrogen fixers? 1. Rhizobium 2. Beijerinckia 3...
  • Which of the following enzymes are examples of hydorlases? 1. Lactate dehydrogenase 2. Alanine deaminase 3....
  • Which three are methods of the Object class? 1. notify(); 2. notifyAll(); 3. isInterrupted(); 4. synchroniz...
  • Which three are valid method signatures in an interface? 1. private int getArea(); 2. public float getVol(f...
  • switch(x) { default: System.out.println(Hello); } Which two are acceptable types for x? 1. byte 2. long 3. ...

Practice this chapter

  • Simple and Compound Interest (3394 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy