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Q. What is the simple interest on a sum of Rs. 700 if the rate of interest for the first 3 years is 8% per annum and for the last 2 years is 7.5% per annum?

  • (A) Rs. 269.5
  • (B) Rs. 283
  • (C) Rs. 273
  • (D) Rs. 280
  • Correct Answer - Option(C)
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