A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 mo – McqOptions

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1.	A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest per annum is
A.	$$ 5{1 over2}$$
B.	8%
C.	7%
D.	6%
Answer» D. 6%

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