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A sum of money becomes Rs 8,928 in two y...

A sum of money becomes Rs 8,928 in two years and Rs 10,224 in `3(1/2)` years at simple interest. Find out the rate of interest.

A

0.09

B

0.05

C

0.12

D

0.1

Text Solution

Verified by Experts

The correct Answer is:
C
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