A sum becomes Rs. 1392 in 2 years and Rs. 1488 in 3 years at simple interest. What is the rate (in percentage) of interest per annum?

A sum becomes Rs. 1392 in 2 years and Rs. 1488 in 3 years at simple in

1.	A sum becomes Rs. 1392 in 2 years and Rs. 1488 in 3 years at simple interest. What is the rate (in percentage) of interest per annum?
A.	8
B.	10
C.	12
D.	8.5
Answer» B. 10

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A sum becomes Rs. 1392 in 2 years and Rs. 1488 in 3 years at simple interest. What is the rate (in percentage) of interest per annum?

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