SSC SSC MTS & Havaldar Mock Test Series 2024 Quantitative Aptitude Interest Simple Interest

In a certain time, a sum becomes 5 times at the rate of 6% per annum on simple interest. At what rate of interest, the same sum becomes 8 times in the same duration? 

1
8.5%
2
10.5%
3
5.5%
4
12.5%
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