The simple interest of an amount of Rs 8560 at the end of 5 years is Rs 5136. What is the rate of interest p.c.p.a.?

The simple interest of an amount of Rs 8560 at the end of 5 years i

1.	The simple interest of an amount of Rs 8560 at the end of 5 years is Rs 5136. What is the rate of interest p.c.p.a.?
A.	10 %
B.	11 %
C.	12 %
D.	13 %
Answer» D. 13 %

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The simple interest of an amount of Rs 8560 at the end of 5 years is Rs 5136. What is the rate of interest p.c.p.a.?

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