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    • Question

      A sum of Rs. 4100 is invested at simple interest for 2

      years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the total interest received after 2 years.
      A Rs. 1600 Correct Answer Incorrect Answer
      B Rs. 1640 Correct Answer Incorrect Answer
      C Rs. 1650 Correct Answer Incorrect Answer
      D Rs. 1550 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Total interest received = {4100 × (15 + 25)}/100 = Rs. 1640

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