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A. 5%
B. 8%
C. 12%
D. 15%

S.I. for 3 years = Rs. (12005 – 9800) = Rs. 2205.
S.I. for 5 years = Rs.[ (2205/3) x 5 ] = Rs.3675

Principle = Rs.(9800-3675) = Rs.6125

Rate=12%

Correct Answer: 12%

Last Updated: February 07, 2020