Mathematics for FinancePYQ Nov 19Question 1197 of 479
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The difference in simple interest of a sum invested of P1,500\displaystyle P 1,500 for 3\displaystyle 3 years is P18\displaystyle P 18. The difference in their rates is

Options

A0.4\displaystyle 0.4
B0.6\displaystyle 0.6
C0.8\displaystyle 0.8
D0.10\displaystyle 0.10
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Correct Answer

Option b0.6\displaystyle 0.6

All Options:

  • A0.4\displaystyle 0.4
  • B0.6\displaystyle 0.6
  • C0.8\displaystyle 0.8
  • D0.10\displaystyle 0.10

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