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UPSC CDS 1 2021 Math Paper

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Question : 12

Total: 100

A sum of money was invested ate simple interest at a certain rate for 5 years. Had it been invested at 5% higher rate, it would have fetched Rs.500 more.
What was the principal amount?

Rs. 2000
Rs.1800
Rs. 1600
Rs. 1200

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