Answer :
Case 1:
Interest = Amount – Principal
⇒ Interest = 2360 – 2000 = Rs. 360
P = Rs. 2000, R = ?, t = 3, I = Rs. 360
As we know,
⇒ R = 6
Case 2:
Interest = Amount – Principal
⇒ Interest = 2480 – 2000 = Rs. 480
As we know,
⇒ r = 8
Hence, the ratio of the rate of simple interest per annum in bank to the post office
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Expertsview all courses
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
RELATED QUESTIONS :
<span lang="EN-US
West Bengal Board - MathematicsA principal becom
West Bengal Board - MathematicsIf the interest o
West Bengal Board - MathematicsA weaver Cooperat
West Bengal Board - MathematicsWhat is the rate
West Bengal Board - MathematicsLet us determine
West Bengal Board - MathematicsWhat is the
West Bengal Board - MathematicsIf a principal be
West Bengal Board - Mathematics<span lang="EN-US
West Bengal Board - MathematicsThe rate of
West Bengal Board - Mathematics