Mathematics · Simple Interest
The difference between the simple interest on a fixed principal for 7 years and on the same principal for 12 years is Rs. 2,500. If the rate of interest is 10% p.a., then the principal amount is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 6,000
- 2Rs. 5,500
- 3Rs. 5,000✓
- 4Rs. 4,500
Correct answer
Rs. 5,000
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