A sum was put a simple interest at a certain rate for 2 years. Had it been put

Question

A sum was put a simple interest at a certain rate for 2 years. Had it been put at 3% higher rate, it would have fetched Rs. 72 more. The sum is:

Answer: Option C
-

We have, T = 2 years.

Let the principal be Rs. X

Then, simple interest (I) = Rs.

Rate of interest (R) =

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