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Q: The difference between the simple interest on a fixed amount for 7 years and on the same amount for 12 years is ` 2,500. If the rate of interest is 10% p.a., then the amount is:
  • A. ` 6,000
  • B. ` 5,000
  • C. ` 4,500
  • D. ` 5,500
Correct Answer: Option D -
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Explanations:

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