A and B borrowed Rs. 3000 and Rs. 3200 respectively at the same rate o – McqOptions

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1.

A and B borrowed Rs. 3000 and Rs. 3200 respectively at the same rate of
interest for 2 1 years. If B paid Rs. 40 more interest than A, find the
2
rate of interest.

A.

5%

B.

7%

C.

8%

D.

6%

Answer» D. 6%

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