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

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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 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is?
A.	7%
B.	8%
C.	9%
D.	10%
Answer» C. 9%

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