If the simple interest on a certain sum of money after $6 \frac{1}{4}$ years is $\frac{3}{8}$ of the principal,then the rate of interest (in $\%$) per annum is

  • A
    $5$
  • B
    $6$
  • C
    $4$
  • D
    None of these

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The principal (in ₹) that will yield ₹ $60$ as simple interest at $6 \%$ per annum in $5$ years is

Suhit borrowed a sum of $Rs. 6300$ from Vikas at the rate of $14 \%$ per annum for $3$ years. He then added some more money to the borrowed sum and lent it to Mohit at the rate of $16 \%$ simple interest for the same time. If Suhit gained $Rs. 618$ in the whole transaction,what sum did he lend (in $Rs.$) to Mohit?

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