A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 – McqOptions

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1.	A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 for 4 years as compared to investing Rs. 2250 for same duration. What is the rate of interest?
A.	12%
B.	13%
C.	12.5%
D.	10.50%
Answer» C. 12.5%

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