Question

A sum of money was invested at a certain rate of simple interest per annum for a period of 4 years. Had the rate of simple interest per annum been 2% more, the sum invested would have earned a total of रु 640 more as interest in these 4 years. What was the sum (in रु) invested?

• A. 8,000
• B. 9,000
• C. 7,500
• D. 9,500

Answer 1

Answer: (A)