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Understanding Simple Interest (Changing Time)

The simple in...

Question

The simple interest on a certain sum for 6 years at 14% per annum is Rs.470.40. The sum is ______ .

A

Rs.510

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B

Rs.530

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C

Rs.550

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D

Rs.560

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Solution

The correct option is D
Rs.560

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Understanding Simple Interest (Changing Time)

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