A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and

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A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs.1020 after a further period of 5 years. The sum is

Options:

A . Rs. 500

B . Rs. 600

C . Rs. 700

D . Rs. 710

Answer: Option B

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