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    Question

    Simple Interest received by a person in 5 years on a

    principal of Rs 6000 is 150 percent of the principal. What is the annual rate of interest?
    A 20 percent Correct Answer Incorrect Answer
    B 30 percent Correct Answer Incorrect Answer
    C 10 percent Correct Answer Incorrect Answer
    D 25 percent Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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