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IBPS PO Mains 2016 Question paper with solutions for online practice

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Question : 1

Total: 200

Ankita borrows ₹ 7000 at simple Interest from a lender. At the end of 3 years, she again borrows ₹ 3000 and settled that amount after paying ₹ 4615 as interest after 8 years from the time she made the first borrowing. What is the rate of interest?

5.5%
9.5%
7.5%
6.5%
None of the Above

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