The simple interest on a certain sum of money at the rate of 5% p.a. f – McqOptions

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1.	The simple interest on a certain sum of money at the rate of 5% p.a. for four years is Rs. 420. At what rate of interest, the same amount of interest can be received on the same sum after two and half years?
A.	4%
B.	6%
C.	8%
D.	10%
Answer» D. 10%

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