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523

Q:

On a certain Principal if the Simple interest for two years is Rs 4800 and Compound interest for the two years is Rs 5088, what is the rate of Interest?

  • 1
    12 percent
  • 2
    18 percent
  • 3
    6 percent
  • 4
    24 percent
  • Show Answer
  • Workspace

Answer : 1. "12 percent"

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