The simple interest on a sum equals 1/10 of itself in 4 years. Then the rate of interest will be
A2 1/2%
B1 1/2%
C2 3/4%
D3 1/4%
A2 1/2%
B1 1/2%
C2 3/4%
D3 1/4%
Related Questions:
Money was lent on simple interest. After 12 years, its simple interest becomes of the money. Find the rate of interest.