Question
Consider only numeric value. Quantity I: A sum of money becomes ₹6,000 in 4 years and ₹7,200 in 5 years at simple interest. Find the rate of interest per annum. Quantity II: A person invested ₹20,000 in a scheme offering 8% compound interest per annum, compounded annually. Find the amount he will receive after 2 years. Quantity III: A certain sum of money amounts to ₹15,000 in 3 years at 10% per annum on simple interest. Find the principal amount.
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