At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years A. 2% B. 3% C. 4% D. 1% Answer Workspace Report Discuss Answer with explanation Answer: Option C Explanation Let sum = x Time = 10 years. S.I = 2x /5, [as per question] Rate =( (100 * 2x) / (x*5*10))% => Rate = 4% Workspace
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