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Simple Interest
A sum of money was invested at the rate of 7.5% S.I. per annum for 4 years. If the investment was for 5 years, the interest earned would have been Rs. 375 more. What was the initial sum invested?
Rs. 4750
Rs. 5000
Rs. 4500
Rs. 3750
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Correct Answer:
Rs. 5000
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