The simple interest on a sum of money at the end of eight years amounts to its 40%. What is the rate of interest perce

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Q 2275745666.     The simple interest on a sum of money at the end of eight
years amounts to its 40%. What is the rate of interest
percent per annum?
IBPS-CLERK 2017 Mock Prelims
A

6

B

5

C

10

D

Data inadequate

E

None of these

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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