_A sum of money becomes 7/4 of itself in 6 years at a certain rate of simple interest. Find the rate of interest.$?

_A sum of money becomes 7/4 of itself in 6 years at a certain rate of

1.	_A sum of money becomes 7/4 of itself in 6 years at a certain rate of simple interest. Find the rate of interest.$?
A.	12%
B.	12(1/2)%
C.	8%
D.	14%
Answer» C. 8%

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_A sum of money becomes 7/4 of itself in 6 years at a certain rate of simple interest. Find the rate of interest.$?

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