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Discussion :: Simple Interest

  1. A sum of money at simple interest amount to Rs. 2240 in 2 years and Re. 2600 in 5 years. The sum is:
    2. A.
    Rs. 1880
    B.
    Rs. 2000
    C.
    Rs. 2120
    D.
    data inadequate

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    Workspace

    View Answer

    Answer : Option B

    Explanation :

    S.I for 3 years = Rs. (2600-2240) = Rs. 360 


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