Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Simple Interest

Simple interest accrued on a certain sum is 16/25 of the principal sum. If the numerical value of the rate of annual interest (%) and time (years) are equal, what is annual rate of interest?

1
10%
2
7%
3
6%
4
8%
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