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At simple interest s sum become 49/40 it...

At simple interest s sum become `49/40` itself in `2.1/2`years. The rate of interest per annum is

A

`7%`

B

`8%`

C

`9%`

D

`12%`

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Knowledge Check

  • The simple interest on a sum after 4 years is 1/5 of the sum. The rate of interest per annum is :

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    B
    `6%`
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