insurence exam ESIC SSO Mock Test 2022 Quantitative Aptitude Interest Simple Interest

A sum of money at simple interest amounts to Rs. 1,012 in \(2\frac{1}{2}\) years and to Rs. 1,067.20 in 4 years. The rate of interest per annum is

1
2.5%
2
3%
3
4%
4
5%
5
6%
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