Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440.

Find the rate of interest if the amount after 2 years of simple intere

1.	Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440.
A.	8%
B.	9%
C.	10%
D.	11%
E.	12%
Answer» D. 11%

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Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440.

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