The simple interest on a sum after 4 years is \(\frac{1}{5}\) of the – McqOptions

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1.	The simple interest on a sum after 4 years is \(\frac{1}{5}\) of the sum. The rate of interest per annum is:
A.	4%
B.	6%
C.	5%
D.	8%
Answer» D. 8%

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