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Aptitude · Q201

Interest

Competitive Exams · Aptitude · question 201

Q201

In a certain time, a sum becomes 4 times of itself on simple interest at the rate of 10% per annum. What is the rate of interest if the same sum becomes 7 times of itself in the same duration?

A.
15%
B.
10%
C.
5%
D.
20%
Answer

Answer: Option D

Solution

Answer: Option D
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