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30-01-2024
Mathematics

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A sum of Rs. 10 is lent to be returned in 11 monthly instalments of Re.1 each, interest being simple. The rate of interest is:
(a) 9 ¹/¹¹ %
(b) 10%
(c) 11%
(d) 21 ⁹/¹¹%

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