A woman borrowed some money on simple interest. After 4 years she returned \( \frac{6}{5}\) of money to the lender.
What was the rate of interest?
1
5% p.a.
2
3% p.a.
3
4% p.a.
4
2% p.a.
A woman borrowed some money on simple interest. After 4 years she returned \( \frac{6}{5}\) of money to the lender.
What was the rate of interest?