The maturity values of an amount in 5 and 6 years at 8% simple interes – McqOptions

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1.	The maturity values of an amount in 5 and 6 years at 8% simple interest p.a. are Rs. 1120 and Rs. 1184 respectively. Find the amount.
A.	Rs. 560
B.	Rs. 800
C.	Rs. 160
D.	Rs. 600
Answer» C. Rs. 160

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