The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.

The interest earned on Rs. 15000 in 3 years at simple interest is Rs.

1.	The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.
A.	1.5%
B.	2%
C.	2.5%
D.	5%
Answer» C. 2.5%

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The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.

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