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 Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

If the total inteWest Bengal Board - Mathematics

<span lang="EN-USWest Bengal Board - Mathematics

<span lang="EN-USWest Bengal Board - Mathematics

At the same rate West Bengal Board - Mathematics

If a principal beWest Bengal Board - Mathematics

What is theWest Bengal Board - Mathematics

An agricultural CWest Bengal Board - Mathematics

The rate ofWest Bengal Board - Mathematics

<span lang="EN-USWest Bengal Board - Mathematics

Sovadebi depositeWest Bengal Board - Mathematics