Simple interest on an amount at 4

By Rebecca
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Simple interest on an amount at 4% per annum for 13 months is more than the simple interest on the same sum for 8 months at 6% per annum by Rs.40. What is the principal amount

a) 12000 rs

b) 3000 rs

c) 3600 rs

d) 22000 rs

Answer:

a) 12000 rs

Simple interest on an amount at 4

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