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     EduGorilla 
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    A money lender took a loan from bank at 22% simple interest and he lent all this money to another person at a rate of 5k% simple interest, where k depends on the principal P such that (k – 1) × 104 P < k × 104. What is the minimum amount of loan that he must take so that he does not incur any loss?

    Options :-

    1. Rs. 24000
    2. Rs. 30000
    3. Rs. 34000
    4. Rs. 40000
    5. Cannot be determined
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