A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8

1.	A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
A.	5%
B.	8%
C.	12%
D.	15%
Answer» D. 15%

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