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The compound interest on a certain sum for 2 years at 20% per annum is Rs. 880. The simple interest on the same sum for double the time at half the rate percent per annum is:

1:
Rs.1000
2:
Rs. 1200
3:
Rs. 1600
4:
None of these
5:
Rs. 800
Solution:
Chapter Name: Simple Interest


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