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Discussion :: Simple Interest

  1. At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years?
    2. A.
    5%
    B.
    3 1/2%
    C.
    4%
    D.
    5 1/2 %

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    Workspace

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    Answer : Option C

    Explanation :

    150 = (750*5*R)/100

    R = 4%

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