On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 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 Rs. 660, while the C.I. is Rs. 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%