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Q. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

  • (A) Rs. 1550
  • (B) Rs. 1650
  • (C) Rs. 2000
  • (D) Rs. 1750
  • Correct Answer - Option(D)
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