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A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is :5
Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is :
- 1$$5{1\over2}\%$$false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7%"
Explanation :
