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     EduGorilla 
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    In interest subvention scheme, initially 7% simple interest is charged on the agriculture loan. After the timely repayment of the loan and interest, the effective simple interest of 4% will be calculated and the balance amount will be refunded. If a person gets a refund of Rs.2100 after timely repayment, what was the initial repayment?

    Options :-

    1. Rs. 70000
    2. Rs. 72100

    3. Rs. 72800

    4. Rs. 74900

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