The simple interest on a sum of money is 1414 of the principal and the – McqOptions

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1.	The simple interest on a sum of money is 1414 of the principal and the number of years is equal to rate percent per annum. The rate percent is = ?
A.	2.5%
B.	5%
C.	7.5%
D.	10%
Answer» B. 5%

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