18
If rupee one produces rupees nine over a period of 40 years, find the rate of simple interest?
- A20 %
- B10 %
- C15 %
- D22 1/2%
Correct answer: D
Discussion 1
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CCommunity
22 1/2%
9 = (1*40*R)/100
R = 22 1/2 %
9 = (1*40*R)/100
R = 22 1/2 %