A sum of Rs.1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is:

A sum of Rs.1600 gives a simple interest of Rs. 252 in 2 years and 3 m

1.	A sum of Rs.1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is:
A.	6%
B.	7%
C.	8%
D.	\(5\dfrac{1}{2}\)%
Answer» C. 8%

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A sum of Rs.1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is:

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