2. Sample Papers
  3. NTSE

NTSE Sample Paper NTSE SAT Practice Test-18

  • question_answer
    If the simple interest on one rupee for one month is 5 paise, what is the rate per cent per year?

    A) 5%                               

    B) 12%

    C) 30%                             

    D) 60%

    Correct Answer: D

    Solution :

    [d] 5 paise per rupee per month means Rs. 5 per hundred per month i.e. Rs. 60 on Rs. 100 per year. So the rate per annum is 60%.


You need to login to perform this action.
You will be redirected in 3 sec spinner