At what rate of interest p.a, will Rs.5500 be obtained as SI on Rs.25000 for 2yrs 9months? Choose the correct answer.
A) 8%
B) 9%
C) 10%
D) 13%
E) 15%
Given P= Rs 25000 and   Time period = 2 years 9 months= 2   9   12   =   11   4   years   Simple Interest=   PTR   100   5500 = 25000 X   11   4   X   R   100   R = 8 %   8%)
<result>A</result>
At what rate of interest p.a, will Rs.5500 be obtained as SI on Rs.25000 for 2yrs 9months?