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Aman invested Rs.(X + 2500) at 20% p.a. ...

Aman invested Rs.(X + 2500) at 20% p.a. CI for 2 years and Rs.X at 30% p.a. SI for 2 years. If compound interest is Rs.60 more than simple interest, then find X.

A

Rs.5500

B

Rs.6500

C

Rs.5000

D

Rs.7000

Text Solution

Verified by Experts

The correct Answer is:
B
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