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On a sum of money, the simple interest for 2 years is Rs.660,while the compound interest is Rs. 696.30 , the rate of interest being the same in both the cases. The rate of interest is: 1: 10% 2: 10.5% 3: 12% 4: None of these |
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Answer» On a sum of money, the simple interest for 2 years is Rs.660,while the compound interest is Rs. 696.30 , the rate of interest being the same in both the cases. The rate of interest is: 1: 10% 2: 10.5% 3: 12% 4: None of these |
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