What is the rate percent when the simple interest on Rs.1500 amount to Rs.250 in 5 Years? Choose one
A) 3.33 % B) 6 % C) 2 % D) 95 % E) 1 %

Rationale: "interest for 5 yrs = 250 interest for 1 yr = 50 interest rate = 50 / 1500 x 100 = 3.33 % answer : a"
Answer: A