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Q:

₹ 500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest. If the sum of the interest on both the sum after 4 years is ₹ 480, the latter sum of money is: 

  • 1
    ₹ 600
  • 2
    ₹ 550
  • 3
    ₹ 450
  • 4
    ₹ 750
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Answer : 1. "₹ 600 "

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