A sum of Rs. 22,400 amounts to Rs. 24,250 in 6 years at the rate of simple interest. What is the rate of interest (correct to two decimal places)?
A1.02%
B1.56%
C1.65%
D1.38%
A1.02%
B1.56%
C1.65%
D1.38%
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A man invested 75,000 at the rate of % per annum simple interest for 6 years. Find the amount he will receive after 6 years.