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Q: A person invested a sum of `6500 at x% per annum at simple interest and a sum of `7500 at (x–2)% per annum at simple interest. If the total interest earned on both the investment for 3 years is `3,750, then the rate of interest on the first investment is
  • A. 14%
  • B. 10%
  • C. 8%
  • D. 12%
Correct Answer: Option B -
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Explanations:

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