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Q. Ram deposited a certain sum of money in a company at 12% per annum simple interest for 4 years and deposited equal amounts in fixed deposit in a bank for 5 years at 15% per annum simple interest. If the difference in the interest from two sources is Rs. 1350 then the sum deposited in each case is = ?

  • (A) Rs. 3000
  • (B) Rs. 4000
  • (C) Rs. 6500
  • (D) Rs. 5000
  • Correct Answer - Option(D)
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