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NIKUNJ

· started a discussion

· 1 Months ago

Qno 35 (Question:509961.0)

Please Explain jt

Question:

Aman borrow money at 3% per annum interest payable yearly and lend it immediately at 5% interest (compound) payable half yearly and thereby gain 330 at the end of the year. The sum borrowed is–

Options:
A)

Rs.15000

B)

Rs.16000

C)

Rs.17000

D)

Rs.16500

Solution:

Ans: (b)

  

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