If a sum of money becomes \frac{41}{40} of itself in \frac{1}{4} year at a particular rate of simple interest, then the annual rate of interest is :

REET 2022 Level 2 Math and Science Paper

Question : 94 of 150

Marks: +1, -0

If a sum of money becomes

\;{41}/{40}

of itself in

\;{1}/{4}

year at a particular rate of simple interest, then the annual rate of interest is :

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