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A man took a loan from a bank at the rat...

A man took a loan from a bank at the rate of 11% p.a. simple interest. After three years, he had to pay Rs 9,570 interest only for the period. The principle amount borrowed by him was:

A

127685

B

25000

C

29000

D

26545

Text Solution

Verified by Experts

The correct Answer is:
C
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