A sum of money is lent at a certain rate of compound interest. If, instead the same amount was lent at the same rate und

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Q 2215480369.     A sum of money is lent at a certain rate of compound interest. If, instead the same amount was lent at the same rate under simple interest, the interest for first two years reduces by Rs 120 and that for the first three year is Rs 366.Find the sum.
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A

43500

B

48500

C

48000

D

 43800

E

None of these

#### HINT

(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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