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A man invested Rs. 4000 at rate of X% p.a. on simple interest for two years in scheme A and the amount obtained is invested at 10% p.a. on simple inte
Question


A man invested Rs. 4000 at rate of X% p.a. on simple interest for two years in scheme A and the amount obtained is invested at 10% p.a. on simple interest for two years in scheme B. If man received interest of Rs. 1040 from scheme B, then find the value of X?

A.

8

B.

20

C.

10

D.

15

E.

12

Correct option is D



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