Arithmeticmedium · Past Paper

A sum was put at SI at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs. 360 more. Find the sum.

ARs. 4000
BRs. 6000
CRs. 5000
DRs. 3000

✓ Correct Answer: BRs. 6000

Extra Interest = P * T * (extra R) / 100 => 360 = P * 3 * 2 / 100 => P = 6000.

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