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If the simple interest on a certain su...

If the simple interest on a certain sum for 2 years at the rate of 5% per annum is Rs 4000, then the sum is
(a) Rs 46,000 (b) Rs 44,000 (c) Rs 40,000 (d) Rs 48,000

A

46000

B

44000

C

40000

D

48000

Text Solution

Verified by Experts

The correct Answer is:
C
Let the sum be Rs. x.
`"Given, " (x xx 2 xx 5)/(100) = 4000 rArr x = Rs. 40000`
Hence, the correct option is (c).
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