A certain sum of money amounts to Rs 918 in 2 years and Rs 969 in 3.5 years at simple interest. What is the rate of interest (in %)?

A certain sum of money amounts to Rs 918 in 2 years and Rs 969 in 3.5

1.	A certain sum of money amounts to Rs 918 in 2 years and Rs 969 in 3.5 years at simple interest. What is the rate of interest (in %)?
A.	4
B.	5
C.	6
D.	8
Answer» B. 5

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A certain sum of money amounts to Rs 918 in 2 years and Rs 969 in 3.5 years at simple interest. What is the rate of interest (in %)?

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