Mathematics · Simple Interest
The annual simple interest rate drops from 15% to 12%. Due to this reduction, a money lender's yearly income decreases by ₹1,680. What is his total invested capital?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,68,000
- 2₹84,000
- 3₹56,000✓
- 4₹12,000
Correct answer
₹56,000
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