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Q: A sum of money, when invested at the rate of 15% per annum at simple interest, amounts to `26000 in 2 years. What is the simple interest that accrccd during these 2 years?
  • A. `6,000
  • B. `6,500
  • C. `7,500
  • D. `8,800
Correct Answer: Option A -
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Explanations:

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