New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    At what rate will Rs. 100 will earn an interest of Rs.

    200 in 20 years?
    A 13% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 8% Correct Answer Incorrect Answer
    D 11% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Principal = Rs. 100 Interest = Rs. 200 Time – 20 years. Rate = (SI × 100)/(P × T) = (200 ×100)/(100 ×20) = 10%

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