Find the rate of interest if amount after 2 years on simple interest on a capital of Rs 1000 is Rs 1200.

Find the rate of interest if amount after 2 years on simple interest o

1.	Find the rate of interest if amount after 2 years on simple interest on a capital of Rs 1000 is Rs 1200.
A.	5 percent
B.	20 percent
C.	10 percent
D.	15 percent
Answer» D. 15 percent

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Find the rate of interest if amount after 2 years on simple interest on a capital of Rs 1000 is Rs 1200.

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