A Bank lends Rs. 30,00,000/- to a person P at 12.5% simple interest and Rs. 10,00,000/- to another person Q at 10.5% simple interest, for t years. If the Bank received an interest of Rs. 16,80,000/- at the end of the period t, then t =

1
2\(\frac{1}{2}\)
2
3
3
3\(\frac{1}{2}\)
4
4

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