Simple Interest Sample Questions

9. A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

A. 12 %

B. 15 %

C. 5 %

D. 8 %

LEAVE A REPLY

Please enter your comment!
Please enter your name here