A sum of Rs. 25000 becomes Rs. 27250 at the end of 3 years when calcul – McqOptions

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1.	A sum of Rs. 25000 becomes Rs. 27250 at the end of 3 years when calculated at simple interest. Find the rate of interest.
A.	0.05
B.	0.08
C.	0.06
D.	0.03
Answer» E.

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