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Albert invested an amount of x rupee in ...

Albert invested an amount of x rupee in a fixed diposit scheme offering 10 % per annum for 1st year and 15 % per annum for 2nd year and received an amount of Rs. 20,240 after two years. What is x (in Rs) ?

A

15000

B

16000

C

14000

D

18000

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The correct Answer is:
B
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