Teaching Jharkhand (JSSC) PRT (1 to 5) Mock Test 2023 Quantitative Aptitude Interest Simple Interest
If the total simple interest received on a sum for 25 years is \(\frac{5}{8}\) of the principal, what is the rate of simple interest paid per annum?
1
2.5%
2
2%
3
3.5%
4
3%