BANK EPFO SSA Mock Test 2023 Quantitative Aptitude Interest Simple Interest

A person invests Rs 12000 at 8% p.a. simple interest for a certain time and earns Rs. 2400. If he earns Rs. 1800 on the same time period then find the rate of interest.

1
8%
2
7%
3
6%
4
5.5%
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