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Q. Simple interest on a certain amount is 9/16 of the principal. If the numbers representing the rate of interest in percent and time in years be equal, then time, for which the principal is lent out, is

  • (A) 5.5 years
  • (B) 6.5 years
  • (C) 7 years
  • (D) 7.5 years
  • Correct Answer - Option(D)
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