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A person invested one-fourth of the sum ...

A person invested one-fourth of the sum of Rs 25,000 at a certain rate of simple interest and the rest at 4% p.a. higher rate. If the total interest received for 2 years is Rs 4,125, what is the rate at which the second sum was invested?

A

0.095

B

0.0925

C

0.0525

D

0.075

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The correct Answer is:
B
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MOTHERS-SIMPLE & COMPOUND INTEREST -SSC CGL MAINS EXAM, 2018 EXAM DATE: 12 SEPTEMBER, 2019
  1. A person invested one-fourth of the sum of Rs 25,000 at a certain rat...

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