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    Question

    Rakesh rented out an amount to Samarth for 6 years at

    simple interest rate. At the end of the 6th year, Samarth paid 8/7 of the amount to Rakesh to clear out the amount. The rate of simple interest per annum was:
    A 2(8/21)% Correct Answer Incorrect Answer
    B 2(7/21)% Correct Answer Incorrect Answer
    C 2(3/20)% Correct Answer Incorrect Answer
    D 2(1/12)% Correct Answer Incorrect Answer

    Solution

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