The simple interest on a sum is 7/8 of the principal for 5 years. What – McqOptions

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1.	The simple interest on a sum is 7/8 of the principal for 5 years. What is the rate (in percentage) of interest per annum?
A.	15
B.	17.5
C.	14
D.	22.5
Answer» C. 14

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