2013 · Q8
The principal on which a simple interest of Rs. 55 will be obtained after 9 months at the rate of 3 2/3% per annum is
Elementary MathematicsArithmetic
- ARs. 1,000
- BRs. 1,500
- CRs. 2,000
- DRs. 2,500
Explanation
P × (11/3)% × (9/12) = 55 → P = 2000. Answer C.