Mathematics · Simple Interest
The simple interest earned after 5 years on a fixed principal amount at a rate of 12% per annum is Rs. 5,940. Find the principal amount invested.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 9,850
- 2Rs. 9,900✓
- 3Rs. 9,950
- 4Rs. 9,800
Correct answer
Rs. 9,900
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