MCQOPTIONS
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| 1. |
The difference of compound interest and simple interest for 3 years and for 2 years are in ratio 23 : 7 respectively. What is rate of interest per annum (in %)? |
| A. | 200/7 |
| B. | 100/7 |
| C. | 300/7 |
| D. | 400/7 |
| Answer» B. 100/7 | |