Q: If rupee one produces rupees nine over a period of 40 years, find the rate of simple interest?
Options:
(A) 22 1/9 %
(B) 22 2/2 %
(C) 23 1/2 %
(D) 22 1/2 %
(E) 62 1/2 % Let's give some random thoughts before answering.
user
9 = (1*40*R)/100
R = 22 1/2 %
Therefore, the answer is (D).
assistant