Mathematics · Simple Interest
Sumesh borrows a certain sum at 7.5% simple interest per annum. What is the principal sum if the total interest to be paid at the end of four years is Rs. 18,600?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 62,000✓
- 2Rs. 56,000
- 3Rs. 68,000
- 4Rs. 45,000
Correct answer
Rs. 62,000
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