$A$ money lender claims to lend money at the rate of $10 \%$ per annum simple interest. However,he takes the interest in advance when he lends a sum for one year. At what interest rate does he lend the money actually?

  • A
    $10 \%$
  • B
    $10 \frac{1}{9} \%$
  • C
    $11 \%$
  • D
    $11 \frac{1}{9} \%$

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