A sum of money amount to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest . The rate of interest per annum is

A sum of money amount to Rs. 9800 after 5 years and Rs. 12005 after

1.	A sum of money amount to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest . The rate of interest per annum is
A.	5 %
B.	8%
C.	12%
D.	15%
Answer» D. 15%

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A sum of money amount to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest . The rate of interest per annum is

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