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Simple interest on a sum of money for 5 years is  times the principal, the rate for simple interest is 

  1. 13%

Answer (Detailed Solution Below)

Option 4 :
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Detailed Solution

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Let P = principal, R = rate of interest and N = time period

Simple interest = PNR/100

Given,

N = 5 years​

Then,

⇒ 2/5 × P = (P × R × 5)/100

⇒ R = 200/25

 %

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Last updated on Jul 18, 2025

-> A total of 1,08,22,423 applications have been received for the RRB Group D Exam 2025. 

-> The RRB Group D Exam Date will be announced on the official website. It is expected that the Group D Exam will be conducted in August-September 2025. 

-> The RRB Group D Admit Card 2025 will be released 4 days before the exam date.

-> The RRB Group D Recruitment 2025 Notification was released for 32438 vacancies of various level 1 posts like Assistant Pointsman, Track Maintainer (Grade-IV), Assistant, S&T, etc.

-> The minimum educational qualification for RRB Group D Recruitment (Level-1 posts) has been updated to have at least a 10th pass, ITI, or an equivalent qualification, or a NAC granted by the NCVT.

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