MCQOPTIONS
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| 1. |
If the rate of interest is 8% per annum and Rs 10000 is lent half yearly at compound interest, calculate the equivalent rate of simple interest for the first year - |
| A. | 8.16 प्रतिशत |
| B. | 9 प्रतिशत |
| C. | 7 प्रतिशत |
| D. | 10 प्रतिशत |
| Answer» B. 9 प्रतिशत | |