Mathematics · Simple Interest
A sum was invested on simple interest at a certain rate for 3 years. Had it been put at a 5% higher rate, it would have fetched Rs. 270 more interest. The sum invested was:
- 1Rs. 1,700
- 2Rs. 1,800✓
- 3Rs. 1,500
- 4Rs. 2,000
Correct answer
Rs. 1,800
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