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Mr Tarun Kumar invested a sum of money amounts to Rs. 98,000 after 5 years and Rs. 1,20,005 after 8 years at simple interest. The rate of interest (p.a.), same in both cases, is:

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Mr Tarun Kumar invested a sum of money amounts to Rs. 98,000 after 5 years and Rs. 1,20,005 after 8 years at simple interest. The rate of interest (p.a.), same in both cases, is:






 
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