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

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

1.	A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent
A.	3%
B.	6%
C.	9%
D.	12%
Answer» C. 9%

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

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