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A borrowed Rs. 7000 from bank, after 3 y...

A borrowed Rs. 7000 from bank, after 3 years she Returned Rs. 3000 to the bank, After 5 years from starting she returned Rs. 5450 and settle her account. Find the rate of interest.

A

`4%`

B

`5%`

C

`6%`

D

`8%`

Text Solution

Verified by Experts

The correct Answer is:
B
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