A sum of money becomes 7⁄5 of itself in 4 years at a certain rate o – McqOptions

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1.	A sum of money becomes 7⁄5 of itself in 4 years at a certain rate of simple interest. The rate per annum is :
A.	9%
B.	10%
C.	11%
D.	12%
Answer» C. 11%

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