Extra Education
← All Math questions
1

A person deposits Rs. 500 in 4 years and Rs. 600 for 3 years at the same rate of simple interest in a bank. Altogether he received Rs. 190 as interest. The rate of simple interest per annum was = ?

Correct Answer: 5%

Make the most of this question

This page focuses on one Math question from English. After checking the answer, return to the topic list to practice more or run a timed set.

← More Math MCQsAll English topicsMock test hub
Math MCQ: A person deposits Rs. 500 in 4 years and Rs. 600 for 3 years at the same rate of simple interest in a bank. Altogether he received Rs. 190 as interest. The rate of simple interest per annum was = ? | Extra Education