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The simple interest on a certain sum for 8 months at 4% per annum is 129/­ less than the simple interest on the same sum for 15 months at 5% per annum. What is the sum?

1:
2,580
2:
2,400
3:
2,529
4:
3,600
5:
2,900
Solution:
Chapter Name: Simple Interest


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