Mathematics · Simple Interest
A sum was put at simple interest at a certain rate for 2 years. If it had been put at a 4% higher rate, it would have fetched Rs. 480 more. Find the sum.
- 1Rs. 5,900
- 2Rs. 6,500
- 3Rs. 5,000
- 4Rs. 6,000✓
Correct answer
Rs. 6,000
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