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If Manohar pays an interest of "Rs." 750...

If Manohar pays an interest of `"Rs." 750` for `2` years on a sum of `"Rs. 4,500"`, find the rate of interest.

A

`8%`

B

`81/3%`

C

`9%`

D

`92/3%`

Text Solution

Verified by Experts

The correct Answer is:
B
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