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QA - Placement Quizzes | Simple Interest | Question 13

The rate of interest for the first 2 yrs is 3% per annum, for the next 3 years is 8% per annum and for the period beyond 5 years 10% per annum. A person deposited some money 6 years back. Now he earns an interest of RS. 1520. What money did he deposit?

(A)

3600

(B)

5000

(C)

3800

(D)

4100

Answer

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