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A sum of money Rs 1750 is divided in two...

A sum of money Rs 1750 is divided in two parts such that the simple interest at the rate of 8% per annum on first part and 6% per annum on 2nd part is equal after one year. Find the interest on each parts.

A

60

B

65

C

70

D

40

Text Solution

Verified by Experts

The correct Answer is:
A
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