The total amount of interest received on two deposits of Rs. 5,000 for – McqOptions

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1.	The total amount of interest received on two deposits of Rs. 5,000 for 4 years and Rs. 4,000 for 5 years, made at the same simple rate of interest per annum was Rs. 2,400. Find the rate of interest per annum.
A.	4%
B.	7%
C.	6%
D.	8%
Answer» D. 8%

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