The sum of Rs. 500 becomes Rs. 600 in 2 years at a certain rate of sim – McqOptions

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1.	The sum of Rs. 500 becomes Rs. 600 in 2 years at a certain rate of simple interest. If the rate of interest is halved, then what amount will Rs. 500 give in 2 years?
A.	Rs. 520
B.	Rs. 560
C.	Rs. 550
D.	Rs. 500
Answer» D. Rs. 500

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