BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Find the rate at which #280 will earn #21 simple interest for 11/2 years.
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5%
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4%
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3%
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21/2%
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Explanation:
Detailed explanation-1: -∴ Rate %=41.42% half yearly and 82.84% p.a.
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