Q. The simple interest on a sum for 5 years is twofifth of the sum. The rate of interest per annum is
A) 0.08
B) 0.1
C) 0.04
D) 0.06
✔ Correct Answer: 0.08
Exam Insight
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A) 0.08
B) 0.1
C) 0.04
D) 0.06
✔ Correct Answer: 0.08
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