MCQOPTIONS
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| 1. |
The simple Interest on a sum of money for 2 years is Rs. 50 and the Compound Interest on the same sum at the same rate for the same time is Rs. 51.25. Find the rate of interest per annum. |
| A. | 6.5% |
| B. | 5% |
| C. | 6% |
| D. | 5.5% |
| Answer» C. 6% | |