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      Question

      A sum of Rs. 16 gives a simple interest of Rs. 2.52 in

      2 years and 3 months. The rate of interest per annum is:
      A 5/(1/2%) Correct Answer Incorrect Answer
      B 8% Correct Answer Incorrect Answer
      C 7% Correct Answer Incorrect Answer
      D 6% Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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