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The ratio between the difference of the compound interest and simple interest of 3 years and 2 years is 25:8. If the rate of interest and the principal amount is same, then find the rate of interest. | |
A. | 12.5% [Correct Answer] |
B. | 12% [Wrong Answer] |
C. | 15% [Wrong Answer] |
D. | 10% [Wrong Answer] |