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Q:

Ram takes Rs. 5000 from Mohan for 3 years under simple interest at the rate of 10% per annum calculated half-yearly. What amount will be paid by Ram to Mohan after the end of 3 years?

  • 1
    Rs. 9000
  • 2
    Rs. 3000
  • 3
    Rs. 6500
  • 4
    Rs. 7500
  • 5
    None of these
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Answer : 3. "Rs. 6500"

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