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Simple Interest
Simple interest on a certain sum of money for 3 years at 10% per annum is half the compound interest on Rs 6000 for 2 years at 10% per annum. The sum placed on simple interest is
Rs 4200
Rs 2100
Rs 1680
Rs 1050
Correct Answer:
Rs 2100
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Simple Interest
Each question contains Quantity I and Quantity II. Read the contents clearly and answer your questions accordingly. Quantity I: The Sl on a certain sum of money for 3 years at 5% per annum is Rs 4800. Then the principle is? Quantity II: The Cl on a certain sum of money for 2 years at 6% per annum is Rs. 3708. Then the principle is?
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A sum of money invested at simpleinterest triples itself in 8 years. How many times will it become in 20 years time?
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