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Question

Priya had Rs. 3000 with her. She invested Rs. ‘y’ at 15% p.a. simple interest for 4 years and the remaining sum at 40% p.a. compound interest, compounded annually for 3 years. If the total interest received by her is Rs. 2700, then find the value of ‘y’.

A 4025

B 5025

C 6025

D 4250

E None of these

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