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1. |
A man invested Rs. 5000 at some rate of simple interest and Rs. 4000 at 1 percent higher rate of interest. If the interest in both the cases after 4 years is same, the rate of interest in the former case is |
A. | % p.a. |
B. | % p.a. |
C. | $6\frac{1}{4}$$ % p.a. |
D. | $8\frac{1}{3}$$ % p.a. |
Answer» B. % p.a. | |