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      Question

      A sum of Rs. 3900 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the total interest received after 2 years.

      A Rs. 1184 Correct Answer Incorrect Answer
      B Rs. 1152 Correct Answer Incorrect Answer
      C Rs. 1216 Correct Answer Incorrect Answer
      D Rs. 1248 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Total interest received = {3900 ร— (12 + 20)}/100 = Rs. 1248

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