The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years. - Study24x7
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27 followers study24x7 03 Jul 2021 10:45 AM study24x7 study24x7

The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years.

A

5%

B

6%

C

7%

D

8%

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