The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is ?

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Q. The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is ?

(A) 0.1%
(B) 0.2%
(C) 0.3%
(D) 0.4%

Correct Answer - Option(C)

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