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Karlakunta Hemanth

· started a discussion

· 1 Months ago

It was asked SI and not CI (Question:508399.0)

Please explain

Question:

The ratio of the amount of two years under CI annually and for one year under SI is 5 : 4. When the rate of interest is same, then the value of rate of interest is –

Options:
A)

20%

B)

25%

C)

24%

D)

15%

Solution:

Ans: (b)

  

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