Simple interest on a certain sum is 16/25 of the sum. Find the rate percent and

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Simple interest on a certain sum is 16/25 of the sum. Find the rate percent and time, if both are numerically equal.

A. Rate = 8% & Time = 8 years
B. Rate = 8% & Time = 9 years
C. Rate = 18% & Time = 8 years
D. None of these

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