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A certain bank offers 8% rate of Interes...

A certain bank offers `8%` rate of Interest on the 1st year and `9%` on the 2nd year in a certain fixed deposit scheme. If `Rs. 17,658` are received after investing for 2 years in this scheme, then what was the amount (in Rs.) invested?

A

16000

B

15000

C

15500

D

16500

Text Solution

Verified by Experts

The correct Answer is:
B
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