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A certain sum fetched simple interest of ₹3200 at the rate of 6.25% per annum in 4 years. What is the sum?
A certain sum fetched simple interest of ₹3200 at the rate of 6.25% per annum in 4 years. What is the sum?
Updated On: Mar 21, 2024
- ₹13000
- ₹12800
- ₹12500
- ₹12000
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The Correct Option is B
Solution and Explanation
The correct option is(B): ₹12800
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