Mathematics
Medium
Question
The difference between simple interest and compound interest at the same rate for Rs.5000 for 2 years is Rs. 72. The rate of interest is?
A
10 %
B
12 %
✓ Official correct answer
C
6 %
D
8 %
Community credibility
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A
10 %
No member explanations yet for this option.
B
12 %
No member explanations yet for this option.
C
6 %
No member explanations yet for this option.
D
8 %
No member explanations yet for this option.