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Arithmetic Ability
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Q.
At what rate percent on simple interest will Rs.415 amount to Rs.514 in 4 years ?
A.
0.0458
B.
5.96 %
C.
6.52 %
D.
0.0498
View Answer
Correct choice: B
Explanation:
Difference in amount = 514 - 415 = 99 99 = (415 x 4 x R)/100 R = 5.96%
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