Q. The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same account of interest can be received on the same sum after 5 years?

  • (A) 6%
  • (B) 8%
  • (C) 9%
  • (D) 10%
βœ… Correct Answer: (B) 8%

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