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59
M: +2.00/-0.50

On a sum of money, when invested for 2 years, compound interest and simple interest are ₹300 and ₹250, respectively. For both simple and compound interests the rate of interest per annum is the same, and for compound interest, interest is compounded annually. Find the rate of interest per annum.

 

[SSC CHSL 9th June 2022 Shift-2 With Answers]
A
B
C
D

EXPLANATION

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