Vidyalelo
Commerce · Q774

Financial Management

Graduate and Post Graduate · Commerce · question 774

Q774

An amount invested is Rs 4000 and return is Rs 300 then rate of return will be

A.
4.30%
B.
3.70%
C.
7.50%
Answer
D.
0.08%

Answer: Option C

Solution

Answer: Option C
Solution:
Rate of return = Return / Amount invested
= 300 / 4000 = 7.50%