43. A principal amounts to * 21,700 after 3 years and 24,500 after 5 years. Fin
the rate of simple interest.
(1) 7.5 p.c.p.a.
(2) 8 p.c.p.a.
(3) 9 p.c.p.a.
(4) 8.5 p.c.p.a.
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8 % p.a will be the answers
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