What is the rate percent when the simple interest on Rs.1200 amount to Rs.400 in 4 Years?  Choose the correct answer.
A) 8.33%	B) 6%	C) 2%	D) 95%	E) 1%
Interest for 4yrs = 400   Interest for 1yr = 100   Interest rate = 100/1200 x 100 = 8.33%   8.33%nswer : 8.33%
<result>A</result>
What is the rate percent when the simple interest on Rs.1200 amount to Rs.400 in 4 Years?