A person borrowed two equal sums for two years at the rate of `10%` per annum, from two persons. He borrowed the first sum at simple interest and the second sum at compound interest, compounded annually. The difference between the amount paid by him is Rs.15. Find each equal sum.A. Rs 1300B. Rs 2000C. Rs 1500D. Rs 2500

A person borrowed two equal sums for two years at the rate of `10%` pe

1.	A person borrowed two equal sums for two years at the rate of `10%` per annum, from two persons. He borrowed the first sum at simple interest and the second sum at compound interest, compounded annually. The difference between the amount paid by him is Rs.15. Find each equal sum.A. Rs 1300B. Rs 2000C. Rs 1500D. Rs 2500
Answer» Correct Answer - C

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