A sum of Rs. 10 is lend to be returned in 11 monthly instalments of Rs. 1 each, interest being simple. The rate of interest charged is:

A sum of Rs. 10 is lend to be returned in 11 monthly instalments of Rs

1.	A sum of Rs. 10 is lend to be returned in 11 monthly instalments of Rs. 1 each, interest being simple. The rate of interest charged is:
A.	\(9 \frac{1}{11} \%\)
B.	10%
C.	\(21 \frac{9}{11} \%\)
D.	22%
Answer» D. 22%

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A sum of Rs. 10 is lend to be returned in 11 monthly instalments of Rs. 1 each, interest being simple. The rate of interest charged is:

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