Mathematics · Simple Interest
The difference between the simple interest received from two different banks on ₹500 for 2 years is ₹2.50. Find the difference between their annual rates of interest.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 10.10%
- 20.15%
- 30.20%
- 40.25%✓
Correct answer
0.25%
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