Answer : 1 5% Explanation : Answer: A) 5% Explanation: Given compound interest for 3 years = Rs. 1513.2 and simple interest for 5 years = Rs. 2400 Now, we know that C.I = P1 R100n - 1 =

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At a certain rate of interest the compound interest of 3 years and simple interest of 5 years for certain sum of money is respectively Rs. 1513.2 and Rs. 2400. Find the common rate of interest per annum ?