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UGC-NET-Paper1

Maths

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What is the rate of simple interest in bank if the principal amount of Rs. 5,000.00 becomes Rs. 10,000.00 in 8 years?

1- 12.5%
2- 20%
3- 1%
4- 10%

प्रतिबंध में साधारण ब्याज की दर क्या है I मूलधन रु. 5,000.00 रुपये हो जाता है। 8 साल में 10,000.00?

1- 12.5%
2- 20%
3- 1%
4- 10%

This Question came in

UGC-NET-Geography-05-January-2022-Shift-1-Q24

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Detailed Explanation & Answer

Simple Interest (SI) = Principal (P) × Rate (R) × Time (T) / 100
Rate (R) = (Simple Interest (SI) × 100) / (Principal (P) × Time (T))
Rate (R) = (5,000 × 100) / (5,000 × 8)
Rate (R) = 500,000 / 40,000
Rate (R) = 12.5%

साधारण ब्याज (I) = मूलधन (P) × दर (R) × समय (T) / 100
दर (R) = (साधारण ब्याज (SI) × 100) / (मूलधन (P) × समय (T)
दर (R) = (5,000 × 100) / (5,000 × 8)
दर (R) = 500,000 / 40,000
दर (R) = 12.5%

The Correct Answer is 1

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