Latest self Aptitude Question SOLUTION: a person invests Rs 12000 as fixed deposit at a bank at the rate of 10% per annum simple interest. But due to some pressing needs he has to withdraw the entire money after 3 years,

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(#M40012923) SELF question Keep an EYE

a person invests Rs 12000 as fixed deposit at a bank at the rate of 10% per annum simple interest. But due to some pressing needs he has to withdraw the entire money after 3 years, for which the bank allowed him a lower rate of interest. If he gets Rs 3320 less than what he would have got at the end of 5 years, the rate of interest allowed by the bank is

(12 years ago)

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