Q202
Rs. 2,500, when invested for 8 years at a given rate of simple interest per year, amounted to Rs. 3,725 on maturity. What was the rate of simple interest that was paid per annum?
A.
6%
B.
6.125%
AnswerC.
6.25%
D.
5.875%
Answer: Option B
Solution
Answer: Option B
Solution: