Correct Answer: 12%
Explanation:
S.I. for 3 years = Rs. (12005 - 9800) = Rs. 2205.
S.I. for 5 years = Rs. 2205 3 × 5 = Rs.3675
Principle = Rs.(9800-3675) = Rs.6125
Hence, Rate = 100 × 3675 6125 × 5 =12%