Question

A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.

A) Rs.4000 B) Rs.9000 C) Rs.5000 D) Rs.6000

Answer 1

Step-by-step explanation:

a difference create by 2%×3y =6%

6%= 360

Answer 2

Step-by-step explanation:

we have

r = 3%

s. I = RS 360

t = 2 years

p = x (consider it as x)

we know that

s. I = PRT/100

so

360 = p x 2 x 3/100

360 = p x 6/100

360 = p/180

i think it will be 6000

Hope it helps