If the simple interest on Rs.400 for 3 years is Rs.4000/-, what is the rate of interest percent per annum?

If the simple interest on Rs.400 for 3 years is Rs.4000/-, what is

1.	If the simple interest on Rs.400 for 3 years is Rs.4000/-, what is the rate of interest percent per annum?
A.	19 1/3%
B.	11 1/3%
C.	7 1/3%
D.	3 1/3%
Answer» E.

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If the simple interest on Rs.400 for 3 years is Rs.4000/-, what is the rate of interest percent per annum?

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