Answer: A
Principal amount (P) = 9999 rupees
Interest amount (I) = 9999 rupees
Time (n) = 10 years
\(\therefore\) Interest rate \((r) = \cfrac{100 \times I}{P \times t} \%\)
Principal amount (P) = 9999 rupees
Interest amount (I) = 9999 rupees
Time (n) = 10 years
\(\therefore\) Interest rate \((r) = \cfrac{100 \times I}{P \times t} \%\)
\(= \cfrac{100 \times 9999}{9999 \times 10} \%\)
\(= 10\%\)
So, the annual simple interest rate is 10%.