Simple Interest
 
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Simple Interest


mohit sir
(@mohit44)
Active Member
Joined: 3 months ago
Posts: 8
Topic starter  

Mohit took RS 7500 loan at a certain of simple interest per annum and RS 4500 at 1% more.  After three years he paid RS 1575 as simple interest.  Find at what rate did he take 4500 loan?

A. 6.25%

B. 6.66%

C. 5%

D. 6%


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