Question

The amount becomes ₹ 1,451.25 in one year on a simple rate of interest. If the rate of interest was 2% higher, the amount would have been ₹ 27 more. What is the amount invested?

A ₹ 1,275
B ₹ 1,350
C ₹ 1,380
D ₹ 1,200
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