Q91
The simple interest on a sum of money is 1/4 of the principal and the number of years is equal to rate percent per annum. The rate percent is = ?
The simple interest on a sum of money is of the principal and the number of years is equal to rate percent per annum. The rate percent is = ?
A.
2.5%
B.
5%
AnswerC.
7.5%
D.
10%
Answer: Option B
Solution
Answer: Option B
Solution: