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      Question

      The simple interest on a sum for 5 years is one-fourth

      of the sum. The rate of interest per annum is.
      A 5% Correct Answer Incorrect Answer
      B 6% Correct Answer Incorrect Answer
      C 8% Correct Answer Incorrect Answer
      D 4% Correct Answer Incorrect Answer

      Solution

      SI = P/4 & SI = PRT/100 So P/4 = PRT/100 RT =25 R =25/T =25/5 = 5%

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