Solved UPSC CDS/OTA Question
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Q · Simple InterestDifficult · 45s
If the simple interest on ₹7600 for 3 years 2 months is ₹1824, find the rate per annum.
TopicSimple Interest
Question Typemultiple choice
DifficultyDifficult
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained — no skipped algebra.
T = 3 + 2/12 = 3.1667 years; R = (1824×100)/(7600×3.1667) ≈ 7.6%.
Final Answer: Option B — 7.6%