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Monica deposited ₹10500 total: part at SI, rest at CI. Find the amount at SI.

1. ₹3500
2. ₹4000
3. ₹4500
4. ₹5000

Correct answer: ₹4500

Solution

With total deposit ₹10500 split between SI and CI schemes, and given interest rates and periods, solving yields ₹4500 invested in the SI scheme.

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