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#33286 Bangla Language & Literature Interest Rate Level 0

A sum of Tk. 12,500 amounts to Tk. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?

  1. A 3%
  2. B 4%
  3. C 5%
  4. D 6%
Answer: D - 6%

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