A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of s – McqOptions

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1.	A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest What is the rate of interest ?
A.	3%
B.	4%
C.	5%
D.	6%
Answer» E.

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