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1. What-annual-rate-was-paid-if-Tk--50000-earned-Tk--3000-interest-in-two-years
- A. 3%
- B. 3%
- C. 3%
- D. 3%
Answer: Option A
Explanation:
Rate of interest = I/(Pxn) = 3000/(50,000x2) = 3%
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