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A sum of money Amounts to Rs. 9440 in 3 ...

A sum of money Amounts to Rs. 9440 in 3 years. If the rate of interest is increased by the rate of 25%, the amount becomes 9800 in same time. Find the principal & Rate?

A

`15%`

B

`12%`

C

`9%`

D

`10%`

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The correct Answer is:
D
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