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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%

Question Posted / mukherzee

Answer Posted / mukherzee

( c ) 9%

Is This Answer Correct ?    24 Yes 1 No



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