Simple Interest - Grade 8 (Question: 1605075158) Locked
Mr. Capacia applies for a loan amounting to $750000 in a bank, the simple interest of which is $135000 for 3 years, what interest rate is being charged ?
A. 5%
B. 6%
C. 7%
D. 8%
Mr. Capacia applies for a loan amounting to $750000 in a bank, the simple interest of which is $135000 for 3 years, what interest rate is being charged ?
A. 5%
B. 6%
C. 7%
D. 8%
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