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Suvronil Banerjee

· started a discussion

· 1 Months ago

Answer Wrong (Question: 233125.0 )

Let Principal be Rs. x and R.O.I be r%

SI for 5 years = (r*x/20)

So, SI =0.4*x
=> (r*x/20) = 0.4*x
=> r=(20*0.4)=8%

Question:
Simple interest on a sum of money for 5 years is \(\cfrac{2}{5}\) times the amounts, the rate of simple interest is:
Options:
A) 13%
B)


\(12\cfrac{1}{3}\)%

C)


\(14\cfrac{1}{3}\)% 

D)


\(13\cfrac{1}{3}\)%

Solution:

Ans: (d)

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
The given answer and solution are correct.
Please check the solution carefully.

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