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A sum becomes Rs. 15,500 in 7 years on simple interest at the rate of 30 percent per annum. What is the total interest for the 7 years?
Question

A sum becomes Rs. 15,500 in 7 years on simple interest at the rate of 30 percent per annum. What is the total interest for the 7 years?

A.

Rs. 12,200

B.

Rs.1,47,000

C.

Rs. 10, 500

D.

Rs. 11,500

Correct option is C

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