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1. |
With a given rate of simple inerest, the ratio of principal and amount for a certain period of time is 4 : 5. After 3 years, with the same rate of interest, the ratio of the principal and amount becomes 5 : 7. The rate of interest is |
A. | 4% |
B. | 6% |
C. | 5% |
D. | 7% |
Answer» D. 7% | |