Q. On a certain sum of money the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is = ?

  • (A) 6.07%
  • (B) 10%
  • (C) 9%
  • (D) 12.15%
βœ… Correct Answer: (C) 9%

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