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SSC Sample Paper SSC (Group-C) Sample Test Paper-5

  • question_answer
    The rate of interest per annum at which the total simple interest of a certain capital for 1 year is equal to the total simple interest of the same capital at the rate of 5% per annum for 2 years, is

    A)  1%            

    B)  10%

    C)  25%            

    D)  12.5%

    Correct Answer: B

    Solution :

     In case II. Time = 2 years \[\therefore \] In case I, Rate\[~=2\times 5=10%\]


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