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1. |
For how many years should Rs. 600 be invested at the rate of 10% p.a. in order to earn the same simple interest as is earned by investing Rs. 800 at 12% p.a. for 5 years? |
A. | 4 years |
B. | 6 years |
C. | 8 years |
D. | 7 years |
Answer» D. 7 years | |