At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years

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Question

At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years?

Options:

A . 5%

B . 3 1/2%

C . 4%

D . 5 1/2 %

Answer: Option C

150 = (750*5*R)/100

R = 4%

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