Mathematics · Simple Interest
Ankit invests a certain sum of money at 9% simple interest per annum for 2 years, and the same sum for 4 years at 10% per annum. If he earns ₹ 1,740 in total interest, what is the sum invested in each case?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 4,350
- 2₹ 3,000✓
- 3₹ 6,000
- 4₹ 4,500
Correct answer
₹ 3,000
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