Civil Services TNPSC Group 1 (New Syllabus) Mock Test 2025 Quantitative Aptitude Interest Simple Interest
A person borrows some money for 5 years at a certain rate of simple interest. If the ratio of principal and total interest is 5 : 1, then what is the annual rate of interest?
1
4 percent
2
2 percent
3
3.5 percent
4
7 percent