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Q: By how much percent the rat of silver is less than the rate of gold on 6th August 2010?
A. 99% B. 98%
C. 108% D. None of these 

Answer and Explanation

Answer:99%

Explanation:
On 6th of August 2010, rate of silver = Rs. 8050
=> Rate of gold = 4250 x 100 = Rs. 425000
=> Required percentage = (425000 – 8050)/ 425000 x 100%
=> 416950/425000 x 100% = 98.1%
=> 98%

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