Q. A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is = ?

  • (A) 5.5%
  • (B) 8 %
  • (C) 7 %
  • (D) 6 %
βœ… Correct Answer: (C) 7 %

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