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Aptitude · Q38

Interest

Competitive Exams · Aptitude · question 38

Q38

A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?

A.
3%
B.
4%
C.
5%
D.
6%
Answer
E.
None of these

Answer: Option D

Solution

Answer: Option D
Solution: