₹2,500, when invested for 8 years at a given rate of simpl

Please wait...
THANKU FOR BEING A PART OF OUR JOURNEY TO BRING "REVOLUTION IN EDUCATION"
We Genuinely APPRECIATE your PATIENCE

SKINS
ADS

Red
Pink
Purple
Deep Purple
Indigo
Blue
Light Blue
Cyan
Teal
Green
Light Green
Lime
Yellow
Amber
Orange
Deep Orange
Brown
Grey
Blue Grey
Black
White

Coming Soon

59

M: +2.00/-0.50

₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest that was paid per annum?

[SSC CGL 1st Dec 2022 Shift-1 With Answers]

A

6%

B

6.125%

C

6.25%

D

5.875%

EXPLANATION

...

View Full Explanation