A sum of Rs. 9800 gives simple interest of Rs. 4704 in 6 years. What will be the rate of interest per annum?

A sum of Rs. 9800 gives simple interest of Rs. 4704 in 6 years. What w

1.	A sum of Rs. 9800 gives simple interest of Rs. 4704 in 6 years. What will be the rate of interest per annum?
A.	9%
B.	8.55
C.	8%
D.	7.5%
Answer» D. 7.5%

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A sum of Rs. 9800 gives simple interest of Rs. 4704 in 6 years. What will be the rate of interest per annum?

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