Magnitude of rate of simple interest percent per annum is twice the time in
years. A person deposite Rs 2000 in a bank an gets the interest, the mangnitude
of which is 100 times the magnitude of rate of interest. By what percent his
money grows ?
PLS ALSO PROVIDE EXPLANATION
a)40 %
b)50 %
c)37.5 %
d)62.5 %
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Answer:
option (c) I think
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