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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
Rs.(4000x11/10x11/10-4000) = Rs.940.
=Rs. [420 *100 /3 * 8]
Hence, option 1 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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