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Question

The compound interest on a certain amount, compounded

semi-annually at a rate of 10% per half year for one year, is Rs. 810 less than the simple interest earned on the same amount over 2 years at an annual rate of 15%. Determine the interest earned under the simple interest scheme. .

A 2700

B 2750

C 2800

D 2850

E 2900

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