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RBI Assistant Prelims 2016 Sitting 3 Paper

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Question : 41

Total: 100

Radha invests certain sums in scheme A (for 6 years) and B (for 5 years) both offering simple interest. The sum invested in scheme B was 25% less than that in scheme A. The interests received from both the schemes are equal. If the interest offered by scheme A is 10% per annum what is the rate of interest (per annum) offered by scheme B?

12%
20%
16%
15%
18%

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