Aptitude - Compound Interest - Discussion

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Q.

On a sum of money, the simple interest for 2 years is Rs. 660,while the compound interest is Rs.696.30,the rate of interest being the same in both the cases. The rate of interest is  .                          


A. 10% B. 11%
C. 12% D. 11%

Answer: Option B
Explaination:

 





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