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Q: A sum of ` 4650 is lent at simple interest. If the rate of interest is 7.5% per annum, then what will be the simple interest for 4 years?
  • A. ` 1395
  • B. ` 1295
  • C. ` 1495
  • D. ` 1300
Correct Answer: Option A -
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Explanations:

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