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A sum of Rs 4650 is lent at simple inter...

A sum of Rs 4650 is lent at simple interest. If the rate of interest is 7.5% per annum, then what will be the simple interest for 4 years?

A

A) Rs 1395

B

B) Rs 1295

C

C) Rs 1495

D

D) Rs 1300

Text Solution

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The correct Answer is:
A
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