Mathematics for FinanceMTP Nov 18Question 1273 of 479
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If the difference between the interests received from two different banks on 5000\displaystyle 5000 for 2\displaystyle 2 years is 50\displaystyle 50 then the difference between this rates.

Options

A0.25%\displaystyle 0.25\%
B0.40%\displaystyle 0.40\%
C0.50%\displaystyle 0.50\%
D0.70%\displaystyle 0.70\%
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Correct Answer

Option c0.50%\displaystyle 0.50\%

All Options:

  • A0.25%\displaystyle 0.25\%
  • B0.40%\displaystyle 0.40\%
  • C0.50%\displaystyle 0.50\%
  • D0.70%\displaystyle 0.70\%

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