Question

A certain sum amounts to Rs. 4900 in 2 years and to Rs. 5929 in 3 years, when invested at R% p.a. compound interest, compounded annually. Find the amount received when Rs. 3500 is invested at (R – 10)% p.a. simple interest for 2 years.

A Rs. 4200
B Rs. 4270
C Rs. 2900
D Rs. 5600
E None of these
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