SSC SSC CHSL (Tier I & Tier II) Mock Test Series 2025 (New) Quantitative Aptitude Interest Simple Interest
X took a loan of Rs. 12500 with simple interest for as many years as the rate of interest. If the interest paid at the end of the period was Rs. 18000, then what was the rate of interest?
1
16 percent
2
11 percent
3
14 percent
4
12 percent