If there is difference of rs.5 on the interest component received from two different Banks on a deposit of Rs. 1000 each for two year term, then find out the difference in rate of interest paid by the banks

Question

Accepted Answer

0.25%

If there is difference of rs.5 on the interest component received from two different Banks on a deposit of Rs. 1000 each for two year term, then find out the difference in rate of interest paid by the banks

Make the most of this question