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The simple interest on a sum equals 1/10 of itself in 4 years. Then the rate of interest will be

A2 1/2%

B1 1/2%

C2 3/4%

D3 1/4%

Answer:

A. 2 1/2%

Read Explanation:

n = 4 Principal =P Interest =P/10 PNR /100 =1 (PX4XR)/100 =P/10 R=2 1/2%


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