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- Identify the given values: principal, rate, time, interest, or amount.
- Apply the correct simple interest formula.
- Match the obtained answer with the options.
Correct Answer: A
Correct Answer: A
Method / Topic: Simple Interest
The answer follows the simple interest relation among principal, rate, time, interest, and amount.
Short Explanation
Detailed Explanation
Correct Answer: A
Method / Topic: Simple Interest
Use R=SI×100/(P×T). Substituting Rs. 900, principal Rs. 6000 and time 2.5 years gives an annual rate of 6%.
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Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Shortcut used, common trap, and the fastest solving route
- Identify the given values: principal, rate, time, interest, or amount.
- Apply the correct simple interest formula.
- Match the obtained answer with the options.
At what annual rate will Rs. 6000 earn Rs. 900 as simple interest in 2.5 years?
Explanation
Correct Answer: A
Method / Topic: Simple Interest
The answer follows the simple interest relation among principal, rate, time, interest, and amount.
Short Explanation
Detailed Explanation
Correct Answer: A
Method / Topic: Simple Interest
Use R=SI×100/(P×T). Substituting Rs. 900, principal Rs. 6000 and time 2.5 years gives an annual rate of 6%.
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