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Quantitative Aptitude :: Simple Interest - Discussion

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Choose the correct option.

Simple interest on a certain sum is 16/25 of the sum. Find the rate percent and time, if both are numerically equal.

ARate = 8% & Time = 8 years

BRate = 8% & Time = 9 years

CRate = 18% & Time = 8 years

DNone of these

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