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Arithmetic Ability
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Q.
The difference between the simple interest received from two different sources on Rs.1500 for 3 years is Rs.13.50. The difference between their rates of interest is
A.
0.1%
B.
0.2%
C.
0.3%
D.
0.4%
View Answer
Correct choice: C
Explanation:
(1500 x R1 x 3)/100 => 4500 (R1-R2) = 1350 => (R1-R2)= 1350/4500 = 0.3 %
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