The difference between the simple interest received from two different sources on Rs. 1000 for 3 years is Rs. 13.50. The difference between their rates of interest is?  Select:  A) A)2.4%  B) B)2.6%  C) C)0.3%  D) D)0.25%  E) E)1.3%
(1000 * R1 * 3)/100 - (1000 * R2 * 3)/100 = 13.50 4000(R1 - R2) = 1350   R1 - R2 = 0.25%   Answer:0.25%
<result>D</result>
The difference between the simple interest received from two different sources on Rs. 1000 for 3 years is Rs. 13.50. The difference between their rates of interest is?