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A sum of Rs. 7500 is divided into two pa...

A sum of Rs. 7500 is divided into two parts. The simple interest on first part at the rate of 12 % per annum is equal to the simple interest on second part at the rate of 18 %. What is the interest (in Rs) on each part for one year ?

A

1050

B

840

C

1400

D

1220

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The correct Answer is:
A
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