The simple interest on a sum of money is 4/25 of the sum. If the number of years is numerically 1/4th of the rate of interest per annum. Find the rate of interest for that amount is lent?

1
6% p.a.
2
8.5% p.a.
3
8% p.a.
4
More than one of the above
5
None of the above

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