The simple interest on a certain principal for 4 years is 8/25 of the principal. Find the rate of interest.
A8%
B5%
C7.5%
D6%
A8%
B5%
C7.5%
D6%
Related Questions:
The simple interest on a sum of money is of the principal, and the number of years is equal to 2 times the rate percent per annum. Find the rate percent.2.5%