The rate of simple interest for which a sum of money becomes 5 times o

1.	The rate of simple interest for which a sum of money becomes 5 times of itself in 8 years is :
A.	30%
B.	40%
C.	50%
D.	55%
Answer» D. 55%

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The rate of simple interest for which a sum of money becomes 5 times of itself in 8 years is :

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