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A sum of Rs.50000 was divided into two parts and the first part was deposited at 10% simple interest and the second part at 8% interest. At the end of two years, the interest earned was Rs.8800 . Find the amount deposited at 8% interest. | |
A. | Rs.20000 [Wrong Answer] |
B. | Rs.30000 [Correct Answer] |
C. | Rs.25000 [Wrong Answer] |
D. | Rs.24000 [Wrong Answer] |