Q: The simple interest on a certain sum is 1/8 of the sum. When the number of years is equal to half of the rate percentage per annum. Find the simple interest (in`) on `15000 at the same rate of simple interest rate for 8 years.
A.
` 5,800
B.
` 5,000
C.
` 5,250
D.
` 6,000
Correct Answer:
Option D -
Explanations:
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