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Discussion :: Simple Interest

  1. What is the rate percent when the simple interest on Rs.800 amount to Rs.160 in 4 Years?
    2. A.
    5%
    B.
    6%
    C.
    4 1/2%
    D.
    3 1/2 %

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    Answer : Option A

    Explanation :

    160 = (180*4*R)/100

    R = 5%

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