Quantitative Aptitude Interest Simple Interest

A sum of money amounts to Rs. 12,000 after 6 years and Rs. 15,000 after 9 years at the same rate of simple interest. What is the rate of interest per annum?

1

16\(\frac{2}{3}\)%

2

16\(\frac{1}{3}\)%

3

18\(\frac{2}{3}\)%

4

16%

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