Statistics & Applications > Financial Math
Medium
applied
Ms. Sheela creates a fund of ₹ $1,00,000$ for providing scholarships to needy children. The scholarship is provided in the beginning of the year. This fund earns an interest of $r \%$ per annum. If the scholarship amount is taken as ₹ $8,000$, then $r=$
✅ Correct Option: 2
Related questions:
2025: 15 May Shift 2
2026: 30th May Shift 2
2026: 25th May Shift 1