Question (45/66)
Simple interest on a certain amount is `9/16` of the principal. If the numbers representing the rate of interest in percent and time in years be equal, then time for which the principal is lent out is ?(A) 5.5 Years
(B) 6.5 Years
(C) 7.5 Years
(D) 8.5 Years
Question (46/66)
A sum of money becomes `7/6` of itself in 3 years at certain rate of simple interest. What is rate per annum ?(A) 4.25%
(B) 4.75%
(C) 5.00%
(D) 5.55%