A man buys a land and gives for it 20 times the annual rent find the r

1.	A man buys a land and gives for it 20 times the annual rent find the raye of interest he gets for his money. A) 10% B) 24%. C) 45% D) 18% E) 5%
Answer» ong>Answer: 5% Step-by-step explanation: let ANNUAL rent is 1 Rs. so buys the land at 20 Rs. So by investing Rs.20 he is getting Rs.1 as interest. so on Rs.100 he GETS Rs.5 . so rate%=5%.Hence option E is the answer.

A man buys a land and gives for it 20 times the annual rent find the raye of interest he gets for his money. A) 10% B) 24%. C) 45% D) 18% E) 5%

Answer»

ong>Answer:

Step-by-step explanation:

let ANNUAL rent is 1 Rs. so buys the land at 20 Rs. So by investing Rs.20 he is getting Rs.1 as interest. so on Rs.100 he GETS Rs.5 . so rate%=5%.Hence option E is the answer.

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A man buys a land and gives for it 20 times the annual rent find the raye of interest he gets for his money. A) 10% B) 24%. C) 45% D) 18% E) 5%​

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A man buys a land and gives for it 20 times the annual rent find the raye of interest he gets for his money. A) 10% B) 24%. C) 45% D) 18% E) 5%