Reena took a loan of 1200 with simple interest for as many years as the rate of interest. If she paid 432 as interest at the end of the loan period, what was the rate of interest? Choose the correct choice from the following answers:
A) 6
B) 3
C) 7
D) 8
E) 9
A   6   Let rate = R% and time = R years.   Then, (1200 x R x R)/100 = 432   12R² = 432   R² = 36   R = 6.
<result>A</result>
Reena took a loan of 1200 with simple interest for as many years as the rate of interest. If she paid 432 as interest at the end of the loan period, what was the rate of interest?