A person borrowed some money on simple interest. After 2 years he returned \frac{3}{2} of money to the lender. What was the rate of interest?

Correct Answer is : 25 Percent p.a.

Delhi Police Head Constable 12 Oct 2022 Shift 1

Question : 33 of 100

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A person borrowed some money on simple interest. After 2 years he returned

\;{3}/{2}

of money to the lender. What was the rate of interest?

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