A certain sum of money lent at simple interest amounts to �

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55

M: +2.00/-0.50

A certain sum of money lent at simple interest amounts to ₹1,200 in 2 years and ₹1,600 in 4 years. The rate per cent per annum is:

[SSC CGL 13th Dec 2022 Shift-4 With Answers]

A

20%

B

30%

C

25%

D

16%

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