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1. |
If a sum of money becomes Rs. 4000in 2 years and Rs. 5500 in 4 years 6 months at the same rate of simple interest per annum. Then the rate of simple interest is=? |
A. | ${\text{21}}\frac{3}{7}$$ % |
B. | ${\text{21}}\frac{2}{7}$$ % |
C. | ${\text{21}}\frac{1}{7}$$ % |
D. | ${\text{21}}\frac{5}{7}$$ % |
Answer» B. ${\text{21}}\frac{2}{7}$$ % | |