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SBI Junior Associates Model Paper 14

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Question : 67

Total: 100

A certain sum is invested for 2 years at 8% simple interest per annum in Scheme A.When half of that sum is invested for 3 years at 9% simple interest per annum in Scheme B, it yields an interest which is Rs 300 less than the interest received from scheme A. What was the amount invested in scheme A?

Rs 8000
Rs 9000
Rs 15000
Rs 12000
Rs 10000

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