The amount of simple interest accrued on an amount of Rs 28,500 in seven years is Rs 23,940 What is the rate of interest p.c.p.a ?

The amount of simple interest accrued on an amount of Rs 28,500 in sev

1.	The amount of simple interest accrued on an amount of Rs 28,500 in seven years is Rs 23,940 What is the rate of interest p.c.p.a ?
A.	10.5
B.	12.5
C.	11
D.	12
Answer» E.