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Mr. X invests Rs.90,500 in post office at 7.5% p.a. simple interest. While calculating the rate was wrongly taken as 5.7% p.a.The difference in amounts at maturity is Rs.9,774. Find the period for which the sum was investeda)7 yearsb)5.8 yearsc)6 yearsd)8 yearsCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Mr. X invests Rs.90,500 in post office at 7.5% p.a. simple interest. While calculating the rate was wrongly taken as 5.7% p.a.The difference in amounts at maturity is Rs.9,774. Find the period for which the sum was investeda)7 yearsb)5.8 yearsc)6 yearsd)8 yearsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. X invests Rs.90,500 in post office at 7.5% p.a. simple interest. While calculating the rate was wrongly taken as 5.7% p.a.The difference in amounts at maturity is Rs.9,774. Find the period for which the sum was investeda)7 yearsb)5.8 yearsc)6 yearsd)8 yearsCorrect answer is option 'C'. Can you explain this answer?.

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