The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?

The C.I. on a certain sum for 2 years Rs.41 and the simple interest is

1.	The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?
A.	4%
B.	5%
C.	6%
D.	8%
Answer» C. 6%

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The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?

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