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A person borrowed some money for three years at 8% simple interest. He lends the money at 5% compound interest for 6 six years. If he earns a total profit of Rs 5000, how much money did he borrow? (Given (1.05)6= 1.34)a)Rs. 15000b)Rs. 19000c)Rs. 12000d)Rs. 50000Correct answer is option 'D'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A person borrowed some money for three years at 8% simple interest. He lends the money at 5% compound interest for 6 six years. If he earns a total profit of Rs 5000, how much money did he borrow? (Given (1.05)6= 1.34)a)Rs. 15000b)Rs. 19000c)Rs. 12000d)Rs. 50000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A person borrowed some money for three years at 8% simple interest. He lends the money at 5% compound interest for 6 six years. If he earns a total profit of Rs 5000, how much money did he borrow? (Given (1.05)6= 1.34)a)Rs. 15000b)Rs. 19000c)Rs. 12000d)Rs. 50000Correct answer is option 'D'. Can you explain this answer?.

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