Prem invested a certain sum of money in a simple interest bond whose value grew to Rs. 300 at the end of 3 years and to Rs. 400 at the end of another 5 years. What was the rate of interest in which he

Prem invested a certain sum of money in a simple interest bond whos

1.	Prem invested a certain sum of money in a simple interest bond whose value grew to Rs. 300 at the end of 3 years and to Rs. 400 at the end of another 5 years. What was the rate of interest in which he
A.	12%
B.	12.5%
C.	6.67%
D.	8.33%
Answer» E.

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Prem invested a certain sum of money in a simple interest bond whose value grew to Rs. 300 at the end of 3 years and to Rs. 400 at the end of another 5 years. What was the rate of interest in which he

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