Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest . If she paid Rs. 432 as interest at he end of the loan period ,what was the rate of interest ?

Reena took a loan of Rs. 1200 with simple interest for as many year

1.	Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest . If she paid Rs. 432 as interest at he end of the loan period ,what was the rate of interest ?
A.	3.6
B.	6
C.	18
D.	cannot be deternined
Answer» C. 18

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Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest . If she paid Rs. 432 as interest at he end of the loan period ,what was the rate of interest ?

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