Question:Avinash borrowed Rs `5000 from Sanjay at simple interest .After `3` years Sanjay got Rs .`300` more than he had given to Avinash. What was the rate of interest per annum ? 

A `2%` 
B `5%` 
C `8%` 
D `10%` 

+ Answer
A 

+ Explanation
Rate `= ((100 xx 300)/(5000 xx 3))%`

`= 2%`

+ Report

Irin Moni

Editor, VCampus

Your Name

Your Email

Type of Report
Spelling MistakeIncorrect AnswerGrammar MistakeContent MissingImproper Text FormatInsufficient AnswerDuplicate QuestionImproper Sentence StructureImproper Equation/FormulaOther

Description