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The ratio of the amount for two years un...

The ratio of the amount for two years under CI annually and for one year under SI is 6:5. When the rate of interest is same, then the value of rate of interest is:

A

`12.5%`

B

`18%`

C

`20%`

D

`16.66%`

Text Solution

Verified by Experts

The correct Answer is:
C
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