At the rate of simple interest per annum, the interest on a certain sum of money for 10 years will be 2 5 th part of the amount, then the rate of simple interest is

At the rate of simple interest per annum, the interest on a certain su

1.	At the rate of simple interest per annum, the interest on a certain sum of money for 10 years will be 2 5 th part of the amount, then the rate of simple interest is
A.	5%
B.	<table><tr><td rowspan="2">6</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
C.	7%
D.	<table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table>
Answer» C. 7%

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At the rate of simple interest per annum, the interest on a certain sum of money for 10 years will be 2 5 th part of the amount, then the rate of simple interest is

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