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    A man invested ₹4,500 at 5% per annum and ₹5,500 at 8% per annum simple interest. Both investments were for 4 years each. The amount received from the
    Question

    A man invested ₹4,500 at 5% per annum and ₹5,500 at 8% per annum simple interest. Both investments were for 4 years each. The amount received from the lower rate of interest is what per cent (rounded off to the nearest integer) of the amount received from the higher rate of interest?

    A.

    63%

    B.

    74%

    C.

    51%

    D.

    48%

    Correct option is B

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