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Q:

What is the rate of interest per annum for simple interest at which Rs.880 amounts to Rs.913 in $$1{1\over 2}$$years?

  • 1
    $$2{2\over 3}\%$$
  • 2
    $$2{1\over 4}\%$$
  • 3
    $$2{1\over 2}\%$$
  • 4
    $$2{1\over 3}\%$$
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Answer : 3. "$$2{1\over 2}\%$$"

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