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Aptitude · Q19

Interest

Competitive Exams · Aptitude · question 19

Q19

Raju lent Rs. 400 to Ajay for 2 years and Rs. 100 to Manoj for 4 years and received together from both Rs. 60 as interest. Find the rate of interest, simple interest being calculated.

A.
5%
Answer
B.
6%
C.
8%
D.
9%

Answer: Option A

Solution

Answer: Option A
Solution:
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