πŸ“Š Math
Q. Principal Rs. 1000 becomes Rs. 1250 after 4 years on simple interest. What is the annual rate?
  • (A) 6.25%
  • (B) 5%
  • (C) 7.5%
  • (D) 8.5%
βœ… Correct Answer: (A) 6.25%

Explanation: SI = 1250−1000 = 250. R = SI×100/(P×T) = 250×100/(1000×4) = 25000/4000 = 6.25%. Other options wrong.

Explanation by: Mr. Dubey
SI = 1250−1000 = 250. R = SI×100/(P×T) = 250×100/(1000×4) = 25000/4000 = 6.25%. Other options wrong.

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