state gov Maharashtra Adivasi Vikas Vibhag Bharti Mock Test Series 2024-25 (Common for All Posts) Quantitative Aptitude Interest Simple Interest
A sum of ₹12,500 amounts to ₹15,500 in 4 years at the rate of simple interest. What is the rate of interest?
1
3%
2
4%
3
5%
4
6%
5
Answer not known