Mathematics
Medium
Question
A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?
A
12.25%
B
12%
C
6%
D
13.75%
✓ Official correct answer
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A
12.25%
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B
12%
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C
6%
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D
13.75%
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