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    Question

    On investing a sum at a 2-year compound interest scheme

    with a 4.5% annual rate, the compound interest received is Rs. 184.28. Calculate the corresponding simple interest.
    A Rs.320 Correct Answer Incorrect Answer
    B Rs.265 Correct Answer Incorrect Answer
    C Rs.280 Correct Answer Incorrect Answer
    D Rs.184 Correct Answer Incorrect Answer

    Solution

    ATQ,

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