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Q:

Daljit lent Rs.10800 to Jabir for 3 years and Rs.7500 to Kabir for 2 years on simple interest at the same rate of interest and received Rs.1422 in all from both of them as interest . The rate of interest per annum is 

  • 1
    3%
  • 2
    4.5%
  • 3
    3.5%
  • 4
    4%
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Answer : 1. "3% "

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