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A sum of money was invested at simple interest at a certain rate for 10 years. Had it been invested at a 6% per annum higher rate, it would have fetched ₹5,700 more. Find the principal.
₹8,500
₹9,500
₹9,000
₹10,000
₹9,500
Practice and solve "A sum of money was invested at simple interest at a certain rate for 10 years. Had it been invested ..." for Mathematics - Previous Year Paper 2024. The correct answer is Option B: ₹9,500. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A sum of money was invested at simple interest at a certain rate for 10 years. Had it been invested ..." for Mathematics - Previous Year Paper 2024. The correct answer is Option B: ₹9,500. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.