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Question

Sumita took a loan at simple interest rate of 5% in the first year and it increased of 2% p.a. every year. If she pays Rs. 9000 as interest at the end of 4 years what was her loan amount?


A

Rs.28125

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B

Rs.21825

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C

Rs.25182

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D

Rs.28521

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E

None of these

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