The simple interest on a sum for 5 years is Rs. 16800. The rate of int – McqOptions

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1.	The simple interest on a sum for 5 years is Rs. 16800. The rate of interest for the first 3 years is 8% per annum and for the next 2 years is 12% per annum. What is the value (in Rs) of the sum?
A.	30000
B.	38000
C.	32000
D.	35000
Answer» E.

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