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In what time will Rs 8,000 at 3 % per an...

In what time will Rs 8,000 at 3 % per annum, produces the same interset as Rs 6,000 does in 5 years at 4 % simple interset ?

A

3 years

B

4 years

C

5 years

D

6 years

Text Solution

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The correct Answer is:
C
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