railway RRB JE (CBT I + CBT II) Mock Test 2024 Quantitative Aptitude Interest Simple Interest

A sum of money at Simple Interest amounts to Rs.2800 in 2 years and Rs.3250 in 5 years. Find the sum and the rate of interest.

1
Rs.3000 and 15%
2
Rs.2000 and 5%
3
Rs.2500 and 6%
4
Rs.1000 and 10%
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