railway UPMRC SCTO 2024 Mock Test Quantitative Aptitude Interest Simple Interest

A sum of money at simple interest amounts to 1,0120 in 2\(\frac{1}{2}\) years and to Rs. 10672 in 4 years. The rate on interest per annum is:

1
4%
2
2.5%
3
3.5%
4
2%
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