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A certain sum was invested on simple int...

A certain sum was invested on simple interest. The amount to which it had grown in five years was `1 1/4` times the amount to which it had grown in three years. The percentage rate of interest was:

A

`20%`

B

`15%`

C

`25%`

D

`10%`

Text Solution

Verified by Experts

The correct Answer is:
A
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