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    Question

    A certain sum of money amounts to 13/5 of itself in 10

    years on simple interest. What is the rate of interest per annum?
    A 18% Correct Answer Incorrect Answer
    B 16% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 17% Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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