Q: A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 – McqOptions

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1.	Q: A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest per annum is
A.	$$ 5{1\over2}$$
B.	0.08
C.	0.07
D.	0.06
Answer» D. 0.06

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