Mathematics · Simple Interest
A certain sum amounts to ₹8,192 in 3.5 years and to ₹9,472 in 6 years at simple interest at a certain rate percent per annum. The rate of interest per annum and the sum are respectively:
- 18% and ₹6,500
- 28.5% and ₹6,000
- 38% and ₹6,400✓
- 48.5% and ₹6,400
Correct answer
8% and ₹6,400
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