If a sum of Rs. 9 is lent to be paid back in 10 equal monthly installments of re. 1 each, then the rate of interest is

If a sum of Rs. 9 is lent to be paid back in 10 equal monthly insta

1.	If a sum of Rs. 9 is lent to be paid back in 10 equal monthly installments of re. 1 each, then the rate of interest is
A.	11.33%
B.	11%
C.	266.67%
D.	26.67%
Answer» E.

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If a sum of Rs. 9 is lent to be paid back in 10 equal monthly installments of re. 1 each, then the rate of interest is

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