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      Question

      The simple interest accrued in five years on a principal

      of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
      A 1% Correct Answer Incorrect Answer
      B 1.5% Correct Answer Incorrect Answer
      C 4% Correct Answer Incorrect Answer
      D 2% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      R = `(5000xx100)/(50000xx5)` = 2% p.a.

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