If difference between S.I. and C.I. is Rs. 25 on 10000 for 2 years then rate of interest?

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6.Interest

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If the difference between $S.I.$ and $C.I.$ is $Rs. 25$ on $10000$ for $2$ years then what is rate of interest?

A

$6$

B

$4$

C

$5$

D

$3$

Solution

Difference between CI and SI for 2 years $=\frac{P R^{2}}{(100)^{2}}$

$\Rightarrow 25=\frac{(10000) R^{2}}{(100)^{2}} \Rightarrow R=5 \%$ per annum

Standard 13

Quantitative Aptitude

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