A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 840. Find the sum?

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Question:
 A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 840. Find the sum?

1.Rs. 7000

2.Rs. 8500

3.Rs. 8000

4.Rs. 7500

Posted Date:-2022-02-21 15:26:18

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