Home › IBPS RRB › Quantitative Aptitude › Percentage › At 15 percent per annum, the interest on 100 for…
At 15 percent per annum, the interest on 100 for one year is:
A150
B115
C15
D1.5
Answer & Solution
Correct answer: C. 15
1. Per annum means per year.
2. 15 percent of 100 is 15.
3. So the interest is 15.
_Source: NCERT Class 8 Mathematics, Chapter 7, Comparing Quantities._
Related questions
Extra expenses after buying an article that count in its cost price are called:A city of 20,000 in 1997 grows at 5 percent a year. By the end of 2000 it is about:Under simple interest the principal stays the same, but under compound interest it:For Heena's 2-year loan, compound interest exceeded simple interest by:Under compound interest, the interest each year is calculated on the:Money paid by a bank on money deposited with it is called:Doubling a number is a ___ percent increase.An article costs 784 including 12 percent GST. Its price before GST is: