A sum of ₹ 4200 becomes ₹ 5082 in 3 years at a simple interest. What is the rate of interest per annum?

A sum of ₹ 4200 becomes ₹ 5082 in 3 years at a simple interest. Wh

1.	A sum of ₹ 4200 becomes ₹ 5082 in 3 years at a simple interest. What is the rate of interest per annum?
A.	8%
B.	9%
C.	5%
D.	7%
Answer» E.

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A sum of ₹ 4200 becomes ₹ 5082 in 3 years at a simple interest. What is the rate of interest per annum?

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