Mathematics · Simple Interest
A man borrows a sum of Rs. 12,000 which amounts to Rs. 13,200 in 2 years on simple interest. What would have been the total amount if the rate of interest was doubled?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 14,000
- 2Rs. 12,400
- 3Rs. 14,400✓
- 4Rs. 13,400
Correct answer
Rs. 14,400
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