A sum of Rs.10 is lent by a child to his friend to be return

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58

M: +2.00/-0.50

A sum of Rs.10 is lent by a child to his friend to be returned in 11 monthly instalments of Rs.1 each, the interest being simple. The rate of interest is:

[SSC CGL 13th Dec 2022 Shift-2]

A

B

C

D

EXPLANATION

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