If the simple interest on Rs. 600 for 4 years and the simple interest on Rs. 600 for 2 years together amounts to Rs. 180, then the rate of interest will be :
- 4%
- 5%
- 5.5%
- 6%
If the simple interest on Rs. 600 for 4 years and the simple interest on Rs. 600 for 2 years together amounts to Rs. 180, then the rate of interest will be?
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