Mathematics · Simple Interest
Deepthi loses Rs. 300 yearly on simple interest when the rate of interest falls from 1212% to 1012%. The amount invested by Deepthi is:
- 1Rs. 15,500
- 2Rs. 15,000✓
- 3Rs. 14,000
- 4Rs. 16,000
Correct answer
Rs. 15,000
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