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      Question

      The value of an investment at simple interest grows to Rs.

      11,200 in 2 years and Rs. 15,200 in 6 years. What was the principal amount?
      A Rs. 5,650 Correct Answer Incorrect Answer
      B Rs. 9,200 Correct Answer Incorrect Answer
      C Rs. 3,600 Correct Answer Incorrect Answer
      D Rs. 6,150 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Interest earned in 4 years = 15,200 - 11,200 = Rs. 4,000

      Interest earned in 2 years = (4,000 / 4) Γ— 2 = Rs. 2,000

      So, amount invested = 11,200 - 2,000 = Rs. 9,200

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