Simple Interest - Quantitative Aptitude (MCQ) questions for Q. 28169

Q.  A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 for 4 years as compared to investing Rs. 2250 for same duration. What is the rate of interest?
- Published on 07 Jul 17

a. 12%
b. 13%
c. 12.5%
d. 10.50%

ANSWER: 13%
 
simple

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