DIRECTIONS: Passage-4 Read the passage(s) given below and answer the q – McqOptions

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1.	DIRECTIONS: Passage-4 Read the passage(s) given below and answer the questions that follow. Rs. 2000 amounts to Rs. 2600 in five years at a certain rate of simple interest. What is the rate of interest per annum?
A.	0.05
B.	6%
C.	0.04
D.	8%
Answer» C. 0.04

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