1c:I[1254,["7330","static/chunks/d3ac728e-78c3d5d7a486ed3a.js","5159","static/chunks/5159-48592f0bf1a47f9d.js","8175","static/chunks/8175-f84d59b9bd013e10.js","8167","static/chunks/8167-b25693a0140130f2.js","664","static/chunks/664-bceb0f356f9312eb.js","3703","static/chunks/app/practice-question/%5Bslug%5D/page-d1408559b663b83f.js"],"PracticeQuestionCard"] 1b:T4da,{"@context":"https://schema.org","@type":"QAPage","name":"Find the rate of interest if the amount after 2 years of simple inter…","url":"https://vidyalelo.com/practice-question/find-the-rate-of-interest-if-the-amount-after-2-years-of-simple-interest-on-a-capital-of-rs-1200-is-rs-1440-38","keywords":"practice questions, MCQ, MCQs with answers, objective questions, competitive exam questions, Competitive Exams, Competitive Exams MCQ, Competitive Exams MCQs, Competitive Exams questions, Competitive Exams practice questions, Aptitude, Aptitude MCQ, Aptitude MCQs, Aptitude questions, Aptitude practice questions, Interest","mainEntity":{"@type":"Question","name":"Find the rate of interest if the amount after 2 years of simple inter…","text":"Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440.","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Option C. 10%. Answer & Solution Answer: Option C Solution: & Amount,\\,A = Rs.\\,1440 & Principal,\\,P = Rs.\\,1200 & Interest,\\,I = Rs.\\, ( 1440 - 1200 ) = 240 & R = 240 × 100 1200 × 2 = 10\\% & & Alternatively, & We\\, can\\, go\\, through\\, a\\, thought\\, process\\,i.e. & 1200\\, == 20\\% ( 240\\, in\\,…"}}}1d:T419,

Answer & Solution

Answer: Option C

Solution:

$$\eqalign{ & {\text{Amount}},\,A = Rs.\,1440 \cr & {\text{Princip