What is the least number of years for which simple interest must be reckoned at 3% per annum on Rs 212.50, so that the interest may be an exact number of rupees? Options: A . &nbsp6 B . &nbsp7 C . &nbsp8 D . &nbsp9

What is the least number of years for which simple interest must be reckoned

Question

What is the least number of years for which simple interest must be reckoned at 3% per annum on Rs 212.50, so that the interest may be an exact number of rupees?

Options:

A . 6

B . 7

C . 8

D . 9

Answer: Option C

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