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CDS Model Paper 1 Mathematics

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Question : 7

Total: 100

Rahul borrowed a certain sum from Dhawan at a certain rate of simple interest for 2 years. He lent this sum to Ramesh at the same rate of interest compounded annually for the same period. At the end of two years, he received ₹ 4200 as compound interest but paid ₹4000 only as simple interest. Find the rate of interest.

12%
25%
35%
10%

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