Q. Simple interest on a certain sum at a certain annual rate of interest is 1/9 of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is -

  • (A) 3 1/3%
  • (B) 5%
  • (C) 6 2/3%
  • (D) 10%
βœ… Correct Answer: (A) 3 1/3%

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