# If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?

The answer of If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?

A. 6%

B. 4%

C. 8%

D. 12%

interest Mcqs
interest Mcqs calculations of Arithmetic Ability with easy and logical explanations.
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