Q: A certain sum of money is invested for one year at a certain rate o – McqOptions

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1.	Q: A certain sum of money is invested for one year at a certain rate of simple interest. If the rate of interest is 3% higher, then the invest earned will be 25% more than the interest earned earlier. What is the earlier rate of interest ?
A.	4% p.a.
B.	6% p.a.
C.	8% p.a.
D.	12% p.a.
Answer» E.

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