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Q: If rupee two produces rupees eleven over a period of 30 years, find the rate of simple interest ?

  • 1
    17.25 %
  • 2
    18.14 %
  • 3
    18.33 %
  • 4
    17.35 %
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Answer : 3. "18.33 %"
Explanation :

Answer: C) 18.33 % Explanation: We know that I = PTR/100 11 = (2x30xR)/100 R = 18.333 %

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