If the simple interest on Rs. 1120 for 2 years is Rs.8000/-, what is the rate of interest percent per annum?

If the simple interest on Rs. 1120 for 2 years is Rs.8000/-, what i

1.	If the simple interest on Rs. 1120 for 2 years is Rs.8000/-, what is the rate of interest percent per annum?
A.	3 %
B.	5 %
C.	7 %
D.	9 %
Answer» D. 9 %

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If the simple interest on Rs. 1120 for 2 years is Rs.8000/-, what is the rate of interest percent per annum?

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