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Posted By: nemo       Member Level: Diamond       Posted Date: 27 May 2007       Category: Aptitude Test

Teena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?



Select Answer:

3.6
6
18
Cannot be determined
None of these



      
Your Test Score: 0 / 0



Next Question: Simple Interest
Previous Question: In how many years, Rs. 150 will produce the same interest @ 8% as Rs. 800 produce in 3 years @ 4.5% ?
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