A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is?
A.5 5/9 %
B.6 5/9 %
C.18%
D.25%
Answer:A
A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is?
A.5 5/9 % B.6 5/9 % C.18% D.25%