Question:
In 4 years, the SI on a certain sum of money is of the principal. What is the annual rate of interest?
In 4 years, the SI on a certain sum of money is of the principal. What is the annual rate of interest?
Updated On: Jul 25, 2024
- 4%
- 4.5%
- 7%
- 9%
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The Correct Option is C
Solution and Explanation
The correct option is (C): 7%
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