MCQOPTIONS
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| 1. |
Simple interest on a certain amount is $$\frac{9}{{16}}$$ 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. | $5\frac{1}{2}$$ years |
| B. | $6\frac{1}{2}$$ years |
| C. | years |
| D. | $7\frac{1}{2}$$ years |
| Answer» E. | |