What is the rate of interest p.c.p.a.?
I. An amount doubles itself in 5 years on simple interest.
II. Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400.
III. Simple interest earned per annum is Rs. 2000
A) I only B) II and III only C) All I, II and III D) I only or II and III only
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Answer:c
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