The simple interest on a certain sum at the rate of 20% p.a. for a per – McqOptions

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1.	The simple interest on a certain sum at the rate of 20% p.a. for a period of 8 years amounts to 10960. What is the original sum of money?
A.	Rs. 6500
B.	Rs. 7800
C.	Rs. 6850
D.	Rs. 8000
Answer» D. Rs. 8000

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