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A Sum Becomes Rs

Question 23

Multiple Choice

A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest) . The same sumbecomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find thesum and the duration.


A) rs. 2000 and 20 years
B) rs. 1900 and 8.25 years
C) rs. 1500 and 7 years
D) rs. 1800 and 5.5 years

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