The simple interest on a certain sum of money at the rate of 8% p.a. f – McqOptions

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1.	The simple interest on a certain sum of money at the rate of 8% p.a. for 9 years is Rs. 2,880. At what rate of interest can the same amount of simple interest be received on the same sum in 6 years?
A.	12%
B.	10.5%
C.	10%
D.	14%
Answer» B. 10.5%

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