A sum of Rs. 8250 gives simple interest ...

A sum of Rs. 8250 gives simple interest of Rs. 2475 in 5 years. What will be the rate of interest per annum?

A

A) 7.5%

B

B) 8%

C

C) 6%

D

D) 10%

Verified by Experts

The correct Answer is:

C

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