Mathematics · Simple Interest
An amount 'K' was borrowed by Dev from Elina at 62.5% p.a. simple interest for 8 years. He immediately invested that borrowed money at 87.5% p.a. simple interest for 8 years and earned a net profit of Rs. 80,000 after 8 years. Find the value of K.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 140000
- 250000✓
- 345000
- 455000
Correct answer
50000
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