What was the tenure of this load?

X borrowed 500 from Y at the rate 5% p.a simple interest. If X paid 50 as interest, what was the tenure of this load?

  1. 2 Years
  2. 2.5 Years
  3. 3 Years
  4.  4 Years
Monis Rasool Professor Asked on 25th January 2016 in Maths.
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1 Answer(s)

Answer: (4) 4 years

Anurag Mishra Professor Answered on 25th January 2016.
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