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Reported Question / Answer
Q.) The rate of interest on a sum of money is 6% per annum for the first 3 years, 5% per annum for the next 4 years and 8% per annum for the period beyond 7 years. If the simple interest accrued on the sum for a total period of 11 years is Rs56000, what
1)
Rs75000
2)
Rs80000
3)
Rs90000
4)
Rs60000
5)
NULL
Answer :
2
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