Q. Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 2560. The sum and the time for which the sums of money are lent out are.
✅ Correct Answer: (A)
Rs. 2000, 3.5 years and 4 years
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