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69
M: +2.00/-0.50

A man took a loan of ₹32,400 at a certain rate of simple interest per annum. The rate of interest is one-fourth of the number of years for which the loan is taken. If he paid ₹11,664 as interest at the end of the loan period, the rate of interest was:

[SSC CGL 19 July 2023 Shift 2 With Answers]
A
B
C
D

EXPLANATION

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