state gov BSSC LDC (Ex-Servicemen) Mock Test Series 2025 Quantitative Aptitude Interest Simple Interest
A person invested Rs. 2,000 on simple interest for 7 years to obtain a total amount of Rs. 3,400 on a certain annual rate of interest. What was the rate of interest to obtain the above amount ?
1
8%
2
9%
3
10%
4
7%