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      Question

      What is the rate of interest (in %) if simple interest

      earned on a certain sum for the 3rd year is Rs 2,000 and compound interest earned in 2 years is Rs 4,160?
      A 8 Correct Answer Incorrect Answer
      B 10 Correct Answer Incorrect Answer
      C 12 Correct Answer Incorrect Answer
      D 6 Correct Answer Incorrect Answer

      Solution

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