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The equal principal is invested in schemes of compound interest and simple interest. The interest obtained in the compound interest and in the simple interest schemes after 2 years is Rs. 3520 and Rs. 3200 respectively. If the rate of interest is 20%, then what is the principal (in Rs.)?a)4000b)8000c)5000d)10000Correct answer is option 'B'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about The equal principal is invested in schemes of compound interest and simple interest. The interest obtained in the compound interest and in the simple interest schemes after 2 years is Rs. 3520 and Rs. 3200 respectively. If the rate of interest is 20%, then what is the principal (in Rs.)?a)4000b)8000c)5000d)10000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The equal principal is invested in schemes of compound interest and simple interest. The interest obtained in the compound interest and in the simple interest schemes after 2 years is Rs. 3520 and Rs. 3200 respectively. If the rate of interest is 20%, then what is the principal (in Rs.)?a)4000b)8000c)5000d)10000Correct answer is option 'B'. Can you explain this answer?.

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