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Dephinit Defa

· started a discussion

· 1 Months ago

wrong solution

Question:

A person invests Rs. 12000 as fixed deposit in a bank at the rate of 10% per annum SI. But due to some pressing needs he has to withdraw the entire money after 3 years, for which the bank allowed him a lower rate of interest. If he gets Rs. 3320 less than what he would have got at the end of 5 years, the rate of interest allowed by the bank is –

Options:
A)

759%    

B)

749%    

C)

789%    

D)

879%    

Solution:

Ans: (a)

  

Nikhil Manohar

· commented

· 1 Months ago

pl say the correct one...

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