A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simpl – McqOptions

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1.	A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?
A.	12.25%
B.	12%
C.	6%
D.	13.75%
Answer» E.

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