M

Madan • 7.44K Points
Tutor III Math

Q. A man invested Rs. 5000 at some rate of simple interest and Rs. 4000 at 1 percent higher rate of interest. If the interest in both the cases after 4 years is same, the rate of interest in the former case is

  • (A) 4% p.a.
  • (B) 5% p.a.
  • (C) 6.25% p.a.
  • (D) 25/3% p.a.
  • Correct Answer - Option(A)
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  • Filed under category Math

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