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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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