The simple interest on a certain sum at a fixed rate of interest is Rs. 5390 after 2 years. If the payable amount after 5 years is Rs. 90475, find the rate of interest.
1
1.5%
2
2.5%
3
3.5%
4
4.5%
5
5.5%
The simple interest on a certain sum at a fixed rate of interest is Rs. 5390 after 2 years. If the payable amount after 5 years is Rs. 90475, find the rate of interest.