Simple Interest received by a person in 10 years on a principal. of the Rs. 9500 is 130% of the principal. What is the rate of interest (in %) per annum?

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1.	Simple Interest received by a person in 10 years on a principal. of the Rs. 9500 is 130% of the principal. What is the rate of interest (in %) per annum?
A.	12
B.	13
C.	15
D.	19
Answer» C. 15

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