Mathematics · Simple Interest
An amount was invested at simple interest at a certain rate for 4 years. Had it been put at a 1% higher rate, it would have fetched Rs. 6,800 more. What was the invested amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,70,000✓
- 2Rs. 1,50,000
- 3Rs. 1,20,000
- 4Rs. 1,25,000
Correct answer
Rs. 1,70,000
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