Mathematics · Simple Interest
Arun invested Rs. 7,000 at simple interest for two years at 10% per annum. Bharath invested a certain sum at simple interest for 5 years at 8% per annum. If the total amount received by Arun at maturity is equal to the total amount received by Bharath, then what is the sum invested by Bharath?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 6,500
- 2Rs. 6,200
- 3Rs. 6,000✓
- 4Rs. 5,800
Correct answer
Rs. 6,000
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