Mathematics · Simple Interest
The total amount obtained by investing a certain sum for 4.75 years at 12% p.a. simple interest is Rs. 2,175 more than the simple interest earned on the same sum in 11 years at the same rate. Find the principal sum (in Rs.).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 18,500
- 28,000
- 38,700✓
- 48,400
Correct answer
8,700
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