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If the discount on a certain sum in 2 years at a certain rate is $ 150 and the interest in 3 years is $ 240. Find the sum and the rate of interest.

$ 2400, 3 1 % 3
$ 2400, 4 1 % 3
$ 2200, 5 1 % 3
$ 2000, 3 1 % 3

Correct Answer: $ 2400, 3 1 % 3

Explanation:

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