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If the simple interest on a certain sum of money is 4/25th

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Ask n AnswerCategory: Bank Exam MathsIf the simple interest on a certain sum of money is 4/25th
Vinuthan S Staff asked 3 months ago

If the simple interest on a certain sum of money is 4/25th of the sum and the rate percent equals the number of years, then the rate of interest per annum is:

  1. 2%
  2. 4%
  3. 8%
  4. 10%
  5. None of these

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