Mathematics · Simple Interest
David borrowed ₹10,000 at a certain rate of simple interest for 2 years. If he paid ₹2,500 as interest, find the rate of interest per annum.
- 114.5%
- 213.5%
- 312.5%✓
- 411.5%
Correct answer
12.5%
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length Mathematics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Simple Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple Interest