state gov Punjab (ਪੰਜਾਬ) Police Constable Mock Test Series 2025 Quantitative Aptitude Interest Simple Interest
A sum of money amounts to 5 times of itself in 20 years, when invested at a certain rate of simple interest per annum. What is the rate of simple interest per annum that is on offer?
1
25%
2
12.5%
3
20%
4
15%