state gov Maharashtra Adivasi Vikas Vibhag Bharti Mock Test Series 2024-25 (Common for All Posts) Quantitative Aptitude Interest Simple Interest
The simple interest accrued in 2 years on a principal of Rs 24,000 is one-eighth of the principal. What is the rate of simple interest percent per annum?
1
6.25%
2
12.5%
3
15%
4
20%
5
Answer not known