The simple interest on a certain sum for 2 years is 50 and the compo – McqOptions

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1.	The simple interest on a certain sum for 2 years is 50 and the compound interest is 55. Find the rate of interest per annum and the sum.
A.	16% P.a. ; 200
B.	15% P.a. ; 150
C.	20% P.a. ; 125
D.	18% P.a. ; 175
Answer» D. 18% P.a. ; 175

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