LAT
Shyam borrowed a certan sum from a bank at
the rate of 8% per annum simple interest. He
lent the whole amount to Chakri at the rate of
12% per annum simple interest. At the end of
3 years Shyam returned the loan with interest
to the bank. In this way he had a profit of
Rs. 720. How much sum did Shyam borrow
from the bank?
(1) Rs. 8000 (2) Rs. 7200 (3) Rs.8200
(4) Rs.6000 (5) Rs.6400
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