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Reported Question / Answer
Q.) A person borrows Rs5000 on the condition that he will pay simple interest for the first two years and compound interest for the next two years. Overall he pays Rs1765.12 more than the principal amount. Then what would be the rate of interest?( ADP CO
1)
0.1
2)
0.06
3)
0.08
4)
0.05
5)
NULL
Answer :
3
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