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Q: A person borrowed a sum of money at 9% simple interest and invested it at 10% compound interest for 3 years. After 3 years he received profit of `1952. How much money did he borrow?
  • A. 30000
  • B. 32000
  • C. 33000
  • D. 32543
Correct Answer: Option B -
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Explanations:

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