The simple interest on a sum of money is 1/4 of the principal, and the number of years is equal to the rate % p.a. What will be the rate per cent ?

The simple interest on a sum of money is 1/4 of the principal, and

1.	The simple interest on a sum of money is 1/4 of the principal, and the number of years is equal to the rate % p.a. What will be the rate per cent ?
A.	5 %
B.	6 %
C.	7 %
D.	8 %
Answer» B. 6 %

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The simple interest on a sum of money is 1/4 of the principal, and the number of years is equal to the rate % p.a. What will be the rate per cent ?

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