Mathematics · Simple Interest
The simple interest on a certain sum for 4 years at 23% per annum is ₹11,960 less than the simple interest on the same sum for 8 years at the same rate. Find the sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹13,000✓
- 2₹13,500
- 3₹12,500
- 4₹12,000
Correct answer
₹13,000
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