Ramesh invested an amount that is 10% of 10000 at simple interest. After 3 yr, the amount becomes 2500. Find out the 4 times of actual interest rate.

Ramesh invested an amount that is 10% of 10000 at simple interest. A

1.	Ramesh invested an amount that is 10% of 10000 at simple interest. After 3 yr, the amount becomes 2500. Find out the 4 times of actual interest rate.
A.	5000%
B.	250%
C.	200%
D.	600%
E.	None of the above
Answer» D. 600%

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Ramesh invested an amount that is 10% of 10000 at simple interest. After 3 yr, the amount becomes 2500. Find out the 4 times of actual interest rate.

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