MBA CDOE (USOL) Panjab University MBA Entrance Exam with MCQ Answers 2015

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42.

At 5% simple interest, a sum of Rs 500 fetches Rs 36 more than the amount of interest accrued on Rs. 380 for the same period and rate. Find the time.

A: 9 years
B: 7 years
C: 6 years
D: 8 years

The answer is: C

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