Mathematics for FinanceMTP Mar 22Question 1349 of 479
All Questions

The difference between in simple interest on a sum invested of 1500\displaystyle 1500 for 3\displaystyle 3 years is 18\displaystyle 18. The difference in their rate is

Options

A0.4\displaystyle 0.4
B0.6\displaystyle 0.6
C0.8\displaystyle 0.8
D0.10\displaystyle 0.10
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option a0.4\displaystyle 0.4

All Options:

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

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 479 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free