Q: The simple interest on a certain sum of money at the rate of 5 % pe – McqOptions

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1.	Q: The simple interest on a certain sum of money at the rate of 5 % per annum for 8 years is ₹ 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is?
A.	0.07
B.	0.08
C.	0.09
D.	0.1
Answer» C. 0.09

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