Mathematics · Simple Interest
The simple interest on a certain sum for 8 months at 8% per annum is Rs. 110 less than the simple interest on the same sum for 15 months at 5% per annum. The sum is:
- 1Rs. 1,20,000
- 2Rs. 12,000✓
- 3Rs. 7,800
- 4Rs. 1,200
Correct answer
Rs. 12,000
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