engineering recuitment DRDO Technician A 2022 Mock Test Series (Tier I) Quantitative Aptitude Interest Simple Interest
The annual simple interest on some money is \(\frac{25}{16}\) of the principle. If the numbers representing the rate of interest and the number of years are equal, then the rate of interest is -
1
12\(\frac{1}{4}\)% annual
2
12\(\frac{1}{2}\)% annual
3
8% annual
4
11\(\frac{1}{2}\)% annual