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Discussion :: Simple Interest - Section 3

  1. Rs.500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest. If the sum of the interest on both the sum after 4 years is Rs.480, the latter sum of money is :
    2. A.
    Rs.750
    B.
    Rs.450
    C.
    Rs.550
    D.
    Rs.600

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