At what rate per annum will a sum of Rs. 15,800 become Rs. 21,488 after 18 months, at simple interest?

At what rate per annum will a sum of Rs. 15,800 become Rs. 21,488 afte

1.	At what rate per annum will a sum of Rs. 15,800 become Rs. 21,488 after 18 months, at simple interest?
A.	16%
B.	12%
C.	24%
D.	18%
Answer» D. 18%

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At what rate per annum will a sum of Rs. 15,800 become Rs. 21,488 after 18 months, at simple interest?

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