The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is
Options:
A) A)2.4% B) B)2.6% C) C)2.0% D) D)0.3% E) E)1.3%
(1500 * R1 * 3)/100 - (1500 * R2 * 3)/100 = 13.50 4500(R1 - R2) = 1350   R1 - R2 = 0.3%   Answer:0.3%
<result>D</result>
The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is