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Simple Interest · UPSC CDS/OTA · Question 28 of 32

Simple Interest: ₹3000 amounts to ₹3575 in 1 year 3 months at simple interest. Find the rate per annum.

Step-by-step solution. Simple Interest for UPSC CDS/OTA.

Topic
Simple Interest
Subject
Mathematics
Difficulty
Moderate
Solve Time
45-60 sec

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Q · Simple InterestModerate · 45s

₹3000 amounts to ₹3575 in 1 year 3 months at simple interest. Find the rate per annum.

TopicSimple Interest
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

R = (575×100)/(3000×1.25) = 15.3%.

Final Answer: Option B - 15.3%
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₹3000 amounts to ₹3575 in 1 year 3 months at simple… - Simple Interest (Mathematics) Solved Question