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1. What is the rate of simple interest? I. The total interest earned was Rs. 4000. II. The sum was invested for 4 years.
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By: guest on 01 Jun 2017 05.48 pm
We know that, R = 100 x S.I. P x T Now, I gives, S.I. = Rs. 4000. II gives, T = 4 years. But, P is unknown. So, we cannot find R. So, given data is insufficient to get R. Correct answer is (D).