A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 y – McqOptions

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1.	A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest.The rate of interest per annum is ________
A.	12%
B.	5%
C.	15%
D.	8%
Answer» B. 5%

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