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Mathematics
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?
A
Rs. 1550
Option A
B
Rs. 1650
Option B
Rs. 1750
Correct answer
D
Rs. 2000
Option D
Correct answer: C
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