Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500. Find t

1.	Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500. Find the rate percent.
A.	8%
B.	9%
C.	10%
D.	11%
E.	12%
Answer» D. 11%

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Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500. Find the rate percent.

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