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    Business Mathematics
  4. Exam
    Exam 4: Simple Interest and Installment Calculations
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    A Sum of Rs
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A Sum of Rs

Question 8

Question 8

Multiple Choice

A sum of Rs. 4000 amounts to Rs. 4600 in 5 years at a certain rate of simple interest. What would be the amount, if the rate of interest is increased by 3 %.


A) rs. 4900
B) rs. 5000
C) rs. 5200
D) rs. 5600

Correct Answer:

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