Two equal sums were lent out at 5,% and 7% simple interest respectively. The interest earned on the two loans adds upto rs.960 for four years .find the sum lent out
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Two equal sum were lent out at 7% and 5% S.I respectively. The interest earned on the two loans add up to Rs.960 for 4 years. The total sum lent out is :
A) Rs.3500
B) Rs.2500
C) Rs.2000
D) Rs.3000
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