On a certain sum of money, the compound interest for 2 years
is Rs. 282.15 and the simple interest for the same period of
time is Rs. 270. The rate of interest per annum is
(a) 6.07%
(b) 10%
(c) 9%
(d) 12.15%
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Answer Posted / mukherzee
( c ) 9%
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