For 2 years, a sum was put at SI at a certain rate. If the rate was 3% higher, i

Question

For 2 years, a sum was put at SI at a certain rate. If the rate was 3% higher, it would have fetched Rs. 300 more. What will be the sum ?

Options:

A . Rs. 5000

B . Rs. 4800

C . Rs. 2500

D . Rs. 4484

Answer: Option A

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