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1. |
The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is : |
A. | 7% per annum |
B. | 8% per annum |
C. | 9% per annum |
D. | 10% per annum |
Answer» C. 9% per annum | |