Simple interest on a certain sum is 16/25 of the sum. Find the rate percent and May 24, 2022 by admin โช Choose the correct option.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 yearsB. Rate = 8% & Time = 9 yearsC. Rate = 18% & Time = 8 yearsD. None of these Submit Answer