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Two equal sums of money are deposited in...

Two equal sums of money are deposited in two banks at the rate of 15% per annum for 3.5 years and 5 years respectively. If the difference between their simple interests is Rs 144, find the sum.

A

Rs. 460

B

Rs. 500

C

Rs. 640

D

Rs. 720

Text Solution

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The correct Answer is:
C
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