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Q. A lends Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is :

  • (A) Rs. 700
  • (B) Rs. 1500
  • (C) Rs. 4000
  • (D) Rs. 6500
  • Correct Answer - Option(B)
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