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In 10 years, A wants simple interest to be of the amount.
Question 1:
In 10 years, A wants simple interest to be of the amount. So,
what should be the rate percent per annum?
A.
5.66%
B.
5%
C.
4%
Feedback
Let sum = x. Then, S.I. = 2x
5 , Time = 10 years.
Rate = (100 * 2x/x * 5 * 10)% = 4%
D.
6%
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