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Aptitude · Q115

Interest

Competitive Exams · Aptitude · question 115

Q115

Simple interest on a certain sum at a certain annual rate of interest is 1/9 of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is -

Simple interest on a certain sum at a certain annual rate of interest is of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is -
A.
%
Answer
B.
5%
C.
%
D.
10%

Answer: Option A

Solution

Answer: Option A
Solution:
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