Home » Aptitude » Simple interest » Question
  1. On a certain sum, the simple interest at the end of 6
    1
    years becomes
    4

    3
    of the sum. The rate of interest is
    8
    1. 5%
    2. 6%
    3. 7%
    4. 8%
Correct Option: B

According to question ,

Simple Interest
=
3
Principal 8

∴ Rate =
S.I × 100
Principal × Time

Rate =
3
×
100
8(25 / 4)

Rate =
3
×
400
825

Rate = 6% per annum
Second method to solve this question :
Here, n =
3
, T =
25
Years.
84

R =
n × 100
T

R =
3
×
100
8( 25 / 4 )

R = 6%



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