What is the rate percent when the simple interest on Rs.800 amount to Rs.400 in 2 Years? Choose the correct choice from the following answers:
A) 5%
B) 6%
C) 2%
D) 25%
E) 1%
Interest for 2yrs = 400   Interest for 1yr = 200   Interest rate = 200/800 x 100 = 25%   Answer : 25%
<result>D</result>
What is the rate percent when the simple interest on Rs.800 amount to Rs.400 in 2 Years?