A certain sum of money at simple interest becomes Rs. 1062 in 2 years and Rs. 11

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✪ Choose the correct option.

A certain sum of money at simple interest becomes Rs. 1062 in 2 years and Rs. 1183.50 in 3.5 years. What is rate of interest per annum?

A. 0.07
B. 0.06
C. 0.09
D. 0.05

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