On a certain sum, simple interest for 5/...

On a certain sum, simple interest for `5/2` years at an annual rate of 12% is ₹ 50 less than the interest on the same sum for `3/2` years at an annual rate of 10%. Find the sum.

A

₹ `1500`

B

`₹1000`

C

`₹1200`

D

`₹2000`

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The correct Answer is:

B

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