Question:
A certain sum of money becomes Rs. 28,000 in 4 years at 10\(\%\) simple interest. What is the principal amount?
A certain sum of money becomes Rs. 28,000 in 4 years at 10\(\%\) simple interest. What is the principal amount?
Updated On: Oct 15, 2024
- Rs.20,000
- Rs.18,000
- Rs.15,000
- Rs.16,000
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The Correct Option is A
Solution and Explanation
The correct option is (A): Rs.20,000
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