Alok borrowed a certain sum on 9 july 2006 and
paid an amount of Rs. 438 which included an
interest of Rs. 6 on 8 November 2006. Find the
rate of interest, charged to Alok, per annum.
(a.) 6.25 %
(b.) 4⅙ %
(c.) 1⁴/⁶ %
(d.) 13⅓ %
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Step-by-step explanation:
6.25% is the correct answer.
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