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SBI PO Prelims Model Paper 12

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Question : 49 of 95

Marks: +1, -0

Rajesh invested Rs.10,000 at a certain rate of simple interest for 2 years. If he had invested the amount at the same rate of compound interest, compounded annually, for the same period, the interest accrued would have been Rs.400 more. Find the value of the rate of interest.

10%
15%
20%
25%
None of these

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