If the simple interest on a certain sum of money for 2 years is one – fifth of the sum, then the rate of interest per annum is:

If the simple interest on a certain sum of money for 2 years is one �

1.	If the simple interest on a certain sum of money for 2 years is one – fifth of the sum, then the rate of interest per annum is:
A.	7%
B.	8%
C.	9%
D.	10%
Answer» E.

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If the simple interest on a certain sum of money for 2 years is one – fifth of the sum, then the rate of interest per annum is:

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