The simple interest on a sum of money for $3$ years is ₹ $240$ and the compound interest on the same sum,at the same rate for $2$ years is ₹ $170$. The rate of interest is (in $\%$):

  • A
    $8$
  • B
    $29 \frac{1}{6}$
  • C
    $12.5$
  • D
    $5 \frac{5}{17}$

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