A man borrows a sum of Rs.12,000 which amounts to Rs.13,200

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63

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A man borrows a sum of Rs.12,000 which amounts to Rs.13,200 in 2 years on simple interest. What would have been the amount if the rate of interest was doubled?

[SSC CHSL 21st March 2023 Shift-3 With Answers]

A

Rs.13,400

B

Rs.14,400

C

Rs.12,400

D

Rs.14,000

EXPLANATION

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