The interest charged on a $$125,000,4-$month note payable, was $$1,250.$ What was the rate of interest on the note?

Select answer from the options below

$3\mathrm{.}0\%$

$10\mathrm{.}0\%$

$1\mathrm{.}5\%$

$6\mathrm{.}0\%$