On a certain sum, the simple interest at the end of \(6\frac{1}{4}\) years becomes \(\frac{3}{8}^{th}\) of the sum. The rate percent is

On a certain sum, the simple interest at the end of \(6\frac{1}{4}\)

1.	On a certain sum, the simple interest at the end of \(6\frac{1}{4}\) years becomes \(\frac{3}{8}^{th}\) of the sum. The rate percent is
A.	7%
B.	6%
C.	5%
D.	\(5\frac{1}{2}\%\)
Answer» C. 5%

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On a certain sum, the simple interest at the end of \(6\frac{1}{4}\) years becomes \(\frac{3}{8}^{th}\) of the sum. The rate percent is

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