A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 for 4 years as compared to investing Rs. 2250 for same duration. What is the rate of interest?
A. 12%
B. 13%
C. 12.5%
D. 10.50%
Related Questions on Aptitude Placement Test for Engineering Students
Which of the following two ratios is greater 17:18 and 10:11?
A. 17/18
B. 10/11
C. Both are same
D. Cannot determine
A. Rs. 625.20, 12.50%
B. Rs. 656.10, 11.11%
C. Rs. 686.50, 12.50%
D. Rs. 695.80, 11.11%