B.A./B.COM. LL.B. (5 YEAR LAW / U.G. LAW) Panjab University Entrance Exam 2019 : MCQs and Answer Key

Practice Mode:
96.

A man got Rs. 200 less as Simple Interest when he invested Rs. 2500 for 5 years as compated to investing Rs. 3000 for same duration. What is the rate of interest ?

A: 5%
B: 8%
C: 12%
D: `15%

The answer is: B

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