A sum of Rs. 8250 gives simple interest of Rs. 2475 in 5 years. What will be the rate of interest per annum?

A sum of Rs. 8250 gives simple interest of Rs. 2475 in 5 years. What w

1.	A sum of Rs. 8250 gives simple interest of Rs. 2475 in 5 years. What will be the rate of interest per annum?
A.	7.5%
B.	8%
C.	6%
D.	10%
Answer» D. 10%

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A sum of Rs. 8250 gives simple interest of Rs. 2475 in 5 years. What will be the rate of interest per annum?

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