Mathematics for FinanceMTP Dec 23Question 1399 of 479
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The simple interest on 600\displaystyle 600 for 9 months is 27\displaystyle 27. Find the interest rate.

Options

A6%\displaystyle 6\%
B12%\displaystyle 12\%
C2.2%\displaystyle 2.2\%
DNone of these
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Correct Answer

Option a6%\displaystyle 6\%

All Options:

  • A6%\displaystyle 6\%
  • B12%\displaystyle 12\%
  • C2.2%\displaystyle 2.2\%
  • DNone of these

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