The ratio between compound interest and simple interest for a certain – McqOptions

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1.	The ratio between compound interest and simple interest for a certain amount is 43 : 40 for 2 years, the find the rate of interest.
A.	15 %
B.	18 %
C.	20 %
D.	12 %
E.	None of these
Answer» B. 18 %

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