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Rs 20400 Was Divided in Two Parts and Then Invested

Question 5

Multiple Choice

Rs. 20400 was divided in two parts and then invested. One part invested at 6.25% for 8 yearsyields the same interest as the other part invested at 7% for 5 years. What is the value of smallerpart?


A) 9600
B) 8400
C) 10100
D) 6500

Correct Answer:

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