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7th Class Mental Ability Related to Competitive Exam Question Bank Simple Interest

  • question_answer
    A bank gave Raju a loan of \[\text{Rs}\]12000. He paid back the money along with a simple interest in 12 months. If the bank got an interest of \[\text{Rs}\] 1920, at what rate was the charged by the bank?

    A)  13%               

    B)    14%               

    C)    16%               

    D)    15%   

    Correct Answer: C

    Solution :

    Not Available


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