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Aptitude · Q157

Interest

Competitive Exams · Aptitude · question 157

Q157

The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is = ?

A.
7%
B.
8%
Answer
C.
9%
D.
10%

Answer: Option B

Solution

Answer: Option B
Solution: