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LIC AAO: QUANT QUIZ

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1.Harish invests a certain sum of money in Bank X for a period of 5 years and gets Rs 3800 as simple interest. After that he withdraws the amount and invests it in Bank Y for 10 years which provides double the rate of interest as provided by Bank X. From Bank Y,he gets Rs 30,400 as simple interest. Find the sum of money invested in Bank X. (a) Rs 3800 (b) Rs 7600 (c) Rs 9200 (d) Can’t be

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