Question:
Ravi invested certain sum on simple interest. He invested two-third of his sum at 7% p.a and the remaining at 8% p.a. In 3 years he earned ₹1320 as interest. Find the sum invested by him (in ₹).
Ravi invested certain sum on simple interest. He invested two-third of his sum at 7% p.a and the remaining at 8% p.a. In 3 years he earned ₹1320 as interest. Find the sum invested by him (in ₹).
Updated On: Mar 12, 2025
- 4000
- 5000
- 6000
- 6400
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The Correct Option is C
Solution and Explanation
The correct option is(C): 6000
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