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Q:

A sum of ₹ 1600 gives a simple interest of ₹ 252 in 2 years and 3 months. The rate of interest per annum is 

  • 1
    5 %
  • 2
    8 %
  • 3
    7 %
  • 4
    6 %
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Answer : 3. "7 % "

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