On a certain sum of money the compound interest for 2 years is Rs. 282.15 and th

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On a certain sum of money the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is = ?

Options:

A . 6.07%

B . 10%

C . 9%

D . 12.15%

Answer: Option C

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More Questions on This Topic :

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Question 7. The compound interest on a certain sum of money at a certain rate for 2 years is Rs. 40.80 and the simple interest on th....the same time. The rate of interest is = ?

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