Mathematics · Interest
For a certain sum, the simple interest for 2 years is Rs. 80 and the compound interest for the same period at the same rate of interest compounded annually is Rs. 85. The rate of interest per annum is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 15.5%
- 212.5%✓
- 38.5%
- 47.5%
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!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Interest MCQs →Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest