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Q. |
A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 for 4 years as compared to investing Rs. 2250 for same duration. What is the rate of interest? |
A. | 12% |
B. | 13% |
C. | 12.5% |
D. | 10.50% |
Answer» B. 13% |
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