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Discussion

A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?

  • A.15%
  • B.10%
  • C.7 1/2 %
  • D.8%

Answer: B

2420 --- 242

100 --- ? => 10%

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