What is the rate of interest (in %) if simple interest earned on a cer – McqOptions

MCQOPTIONS

1.	What is the rate of interest (in %) if simple interest earned on a certain sum for the 3 years is Rs. 6,000 and compound interest earned for 2 years is Rs. 4,160?
A.	9
B.	8
C.	12
D.	6
Answer» C. 12

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