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Hasib took a loan of 1400 tk with simple interest for as many years as the rate of interest. If he paid 126 th as interest at the end of the loan period , what was the rate of interest?

A. 3%

B. 6%

C. 9%

D. 12%

E. None of these

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সঠিক উত্তরঃ A. 3%

Explanation:

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Hasib took a loan of 1400 tk with simple interest for as many years as the rate of interest. If he paid 126 th as interest at the end of the loan period , what was the rate of interest?