Question: Question 4: Assuming you were charged simple interest on a loan of BHD6,500 which requires you to repay in one year BHD7,430, what rate of

 Question 4: Assuming you were charged simple interest on a loan

Question 4: Assuming you were charged simple interest on a loan of BHD6,500 which requires you to repay in one year BHD7,430, what rate of interest would you be charged? (Round the interest rate.)

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