Simple interest on a certain sum of money for 3 years at 8% per annum – McqOptions

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1.	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. 1750
D.	Rs. 2000
Answer» D. Rs. 2000

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