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A man invested a sum and received ₹9600 after interest for specified time and rate. Find the sum.

1. 2500
2. 2600
3. 2700
4. 2800

Correct answer: 2700

Solution

Using the given rate and time, if total amount received = ₹9600 and principal = ₹2700, then interest = ₹9600 - ₹2700 = ₹6900, consistent with the given conditions.

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