MCQOPTIONS
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| 1. |
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs 1200 for 2 years at 10% per annum. The sum placed on simple interest is |
| A. | Rs 525 |
| B. | Rs 1050 |
| C. | Rs 260 |
| D. | Rs 420 |
| Answer» B. Rs 1050 | |