If Rs.2800 yields a simple of Rs.480 in 3 Years, calculate the percentage rate?
Choose one
A) 11.6%
B) 10%
C) 14.6%
D) 12.6%
E) 13.6%
480 = (2400*2*R)/100   R = 10%   Answer: 10%
<result>B</result>
If Rs.2800 yields a simple of Rs.480 in 3 Years, calculate the percentage rate?