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If the ration of principal and amount in...

If the ration of principal and amount in yearaly is 25:28 then rate of interest per annum is

A

0.03

B

0.12

C

0.1

D

0.08

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Knowledge Check

  • The ratio of the principal and its interest in x years is 25:24, the rate of simple interest being 12% per annum. The value of x is :

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    D
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