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08/11/2021 11:18 am
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%
