ABC26GN4112 · Simple Interest

Subject: General Aptitude · Chapter: Simple Interest · Exam: · Marks: · Difficulty:

What percentage of simple interest per annum did Anand pay to Deepak ? I. Anand borrowed ` 8000 from Deepak for four years. II. Anand returned ` 8800 to Deepak at the end of two years and settled the loan.
Answer
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Explanation
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