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A sum of money was invested at simple interest at a certain rate for 4 years. Had it been invested at a 3% per annum higher rate, it would have fetched ₹960 more. Find the principal.
₹7,500
₹7,800
₹8,300
₹8,000
₹8,000
Practice and solve "A sum of money was invested at simple interest at a certain rate for 4 years. Had it been invested a..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: ₹8,000. 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 4 years. Had it been invested a..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: ₹8,000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.