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On a sum of money, the simple interest for 2 years is Rs.660 while the compound interest is Rs.696.30, the rate of interest being the same in both the cases. The rate of interest is: | |
A. | 10% [Wrong Answer] |
B. | 10.5% [Wrong Answer] |
C. | 11% [Correct Answer] |
D. | None of the above [Wrong Answer] |