A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple inter

Loading

โœช Choose the correct option.

A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest

A. 0.03
B. 0.04
C. 0.05
D. 0.06

Leave a Comment