Mathematics · Simple Interest
If a sum of money is invested at 12% per annum simple interest, the difference between the interests earned for 3 years and 8 years is ₹2,880. What is the sum invested?
- 1₹4,200
- 2₹4,800✓
- 3₹5,400
- 4₹5,600
Correct answer
₹4,800
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