What is the rate percent when the simple interest on Rs.2000 amount to Rs.500 in 2 Years?
Choose the correct option
A) 5 %  B) 6 %  C) 12.5 %  D) 95 %  E) 1 %

Rationale: "interest for 2 yrs = 500 interest for 1 yr = 250 interest rate = 250 / 2000 x 100 = 12.5 % answer : c"
Answer: C