Simple interest on a certain amount is 9/16 of the principal. If the n – McqOptions

MCQOPTIONS

1.	Simple interest on a certain amount is 9/16 of the principal. If the numbers representing the rate of interest in percent and time in years be equal, then time, for which the principal is lent out, is :
A.	7.5
B.	6.5
C.	9.5
D.	8
Answer» B. 6.5

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