8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    If Rs. 250 amounts to Rs. 285 in 2 years, the rate percent per annum is

    A) 5%                              

    B) 7%         

    C)  \[3\frac{1}{2}\]%                 

    D)          4%

    Correct Answer: B

    Solution :

        P = Rs. 250, A = Rs. 285, T = 2 years S.I. = Rs. 285 ? Rs. 250 = Rs. 35 \[R=\frac{S.I\times 100}{P\times T}\] R = 7% p.a.


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