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#31939 Bangla Language & Literature Interest Rate Level 0

A sum of money amounts to Tk. 9800 after 5 years and Tk. 12005 after 8 years at the same rate of simple interest. The rate of interest per annual is:

  1. A 12%
  2. B 15%
  3. C 5%
  4. D 8%
Answer: A - 12%

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