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A sum was put at simple interest at a ce...

A sum was put at simple interest at a certain rate for 2 years. Had it been put at 1% higher rate, it would have fetched 24 more? The sum is

A

Rs. 600

B

Rs. 800

C

Rs. 1200

D

Rs. 480

Text Solution

Verified by Experts

The correct Answer is:
C
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Knowledge Check

  • A sum was put at simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched ₹ 112 more. The sum is :

    A
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    B
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    C
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    D
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    B
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    D
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    B
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