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A sum of money is lent at simple interest and compound interest. The ratio between the difference of compound interest and simple interest of 3 years and 2 years is 35 : 11. What is the rate of interest per annum?a)20 3/4%b)17 2/5%c)18 2/11%d)22 1/5%e)24 5/6%Correct answer is option 'C'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A sum of money is lent at simple interest and compound interest. The ratio between the difference of compound interest and simple interest of 3 years and 2 years is 35 : 11. What is the rate of interest per annum?a)20 3/4%b)17 2/5%c)18 2/11%d)22 1/5%e)24 5/6%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of money is lent at simple interest and compound interest. The ratio between the difference of compound interest and simple interest of 3 years and 2 years is 35 : 11. What is the rate of interest per annum?a)20 3/4%b)17 2/5%c)18 2/11%d)22 1/5%e)24 5/6%Correct answer is option 'C'. Can you explain this answer?.

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