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Question

SIMPLE INTEREST :

 

Mr. Deepak invested an amount of Rs 21,250/- for 6 years. At what rate of simple interest will he obtain the total amount of Rs 26,350/- at the end of 6 years?

  • 6 p.c.p.a.
  • 5 p.c.p.a.
  • 8 p.c.p.a.
  • 12 p.c.p.a.
  • None of these
Answer- E

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