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      Question

      The difference between the simple interest and the

      compound interest compounded annually at the same rate on a sum of money at the end of two years is Rs 554. What is the definite rate per cent per annum?
      A 5% Correct Answer Incorrect Answer
      B 8% Correct Answer Incorrect Answer
      C 10% Correct Answer Incorrect Answer
      D Can’t determined Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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