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A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is: (BANK PO) | |
A. | 5% [Wrong Answer] |
B. | 8% [Wrong Answer] |
C. | 12% [Correct Answer] |
D. | 15% [Wrong Answer] |