What is the rate of interest if the difference between the compound in – McqOptions

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1.	What is the rate of interest if the difference between the compound interest and the simple interest for 2 years on Rs. 54,000 is Rs. 1,215?
A.	20% per annum
B.	10% per annum
C.	15% per annum
D.	5% per annum
Answer» D. 5% per annum

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