The simple interest on a sum of money for 3 years is Rs. 240 and the c – McqOptions

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1.	The simple interest on a sum of money for 3 years is Rs. 240 and the compound interest on the same sum, at the same rate for 2 years is Rs. 170. The rate of interest is :
A.	291/6%
B.	55/17%
C.	121/2%
D.	8%
Answer» D. 8%

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