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Simple Interest Practice Test 1

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Question : 13

Total: 40

Samir invested an amount of Rs. 12,000 at the rate of 10% p.a. simple interest and another amount at the rate of 20% p.a. simple interest. The total interest earned at the end of one year on the total amount invested became 14% p.a. What is the total amount invested?

Rs. 25000
Rs. 22000
Rs. 20000
Rs. 18000

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