Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is :

Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and

1.	Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is :
A.	$$5{1\over2}\%$$
B.	0.08
C.	0.07
D.	0.06
Answer» D. 0.06