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Atul took a credit at simple interest ra...

Atul took a credit at simple interest rate of 6% in the 1st year but with an increase of 0.5% in each subsequent year. He paid interest of INR 4375 after 5 years. How much credit did he take?

A

INR 33250

B

INR 12500

C

INR 15800

D

CND

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