McqMate
Q. |
Suresh for 2 years invested Rs. 500 in SBI. He also invested Rs. 300 in ICICI for 4 years. At the end he received Rs. 220 from both banks as simple interest. What must have been rate of interest? |
A. | 10% |
B. | 12% |
C. | 11% |
D. | 5.5% |
Answer» C. 11% |
View all MCQs in
Business Mathematics