1.

A sum of money at some rate of simple interest amounts to 2,900 in 8 years and to 3,000 in 10 years. The rate of interest per annum is

A. 4%
B. <table><tr><td rowspan="2">2</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table>
C. 3%
D. 2%
Answer» E.


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