SSC SSC CPO Mock Test Series 2025 (Tier I & II) (DP SI & CAPF) Quantitative Aptitude Interest Simple Interest
If a sum of money becomes \(\frac{41}{40}\) of itself in \(\frac{1}{4}\) year at a particular rate of simple interest, then the annual rate of interest is :
1
5%
2
7.5%
3
10%
4
2%