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A borrowed 4800 from bat 9% per annum SI...

A borrowed 4800 from bat 9% per annum SI for 3 yr. He, them added some more money to the borrowed sum and lend it to C for the same period at 12 % per annum rate of interest, if A gains 720 in the whole transaction, how much money did he add from his side ?

A

500

B

740

C

640

D

800

Text Solution

Verified by Experts

The correct Answer is:
B
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