MCQOPTIONS
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| 1. |
The rate of interest for the first 2 years is 5% for the next 3 years is 8% and beyond this. It is 10% per annum. If the simple interest for 8 years is Rs . 1280. What is the principal ? |
| A. | Rs. 2500 |
| B. | Rs. 2000 |
| C. | Rs. 3200 |
| D. | Rs. 2440 |
| Answer» C. Rs. 3200 | |