The simple interest on a sum for 5 years is twoÂfifth of the sum. The rate of interest per annum is

The simple interest on a sum for 5 years is twoÂfifth of the sum. T

1.	The simple interest on a sum for 5 years is twoÂfifth of the sum. The rate of interest per annum is
A.	0.1
B.	0.08
C.	0.06
D.	0.04
Answer» C. 0.06