On a sum of money, the S. I. for 2 years is ₹ 660, while the C. I. is ₹ 696.30, the rate of interest being the same in both the cases. The rate of interest is?
A. 10 %
B. 10.5 %
C. 12 %
D. 11 %
Answer:D
On a sum of money, the S. I. for 2 years is ₹ 660, while the C. I. is ₹ 696.30, the rate of interest being the same in both the cases. The rate of interest is?
A. 10 % B. 10.5 % C. 12 % D. 11 %