The simple interest on a sum of money is 1/4th of the principal and the number of years is equal to rate per cent per annum. The rate per cent is

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

1.	The simple interest on a sum of money is 1/4th of the principal and the number of years is equal to rate per cent per annum. The rate per cent is
A.	2.5%
B.	5%
C.	7.5%
D.	10%
Answer» C. 7.5%

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The simple interest on a sum of money is 1/4th of the principal and the number of years is equal to rate per cent per annum. The rate per cent is

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