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Mixture & Alligations

The differenc...

Question

The difference between the S.I. renewed from two different sources on amount of Rs.2000 for 6 years is Rs.16.50 what is the difference between their rate of interest?

03.1735%

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0.1537%

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0.1370%

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0.1375%

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None of these

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Solution

The correct option is D
0.1375%

$\frac{P \times T \times (R_{1} - R_{2})}{100} = 16.50$

$\frac{2000 \times 6 \times (R_{1} - R_{2})}{100} = 16.50$

$R_{1} - R_{2} = 0.1375$

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