TIME = 7 yearsRate = 8%Interest = 2240Interest = P × R × t/1002240 = p × 8 × 7/100P = 4000 "> TIME = 7 yearsRate = 8%Interest = 2240Interest = P × R × t/1002240 = p × 8 × 7/100P = 4000 ">
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A sum was invested for 7 years at a certain annual rate of simple interest. If the interest rate is increased by 8%, then the interest increases by Rs. 2240. What is the sum (in Rs.) invested?

General Knowledge General Awareness in General Knowledge . 7 months ago

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TIME = 7 yearsRate = 8%Interest = 2240Interest = P × R × t/1002240 = p × 8 × 7/100P = 4000
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Posted on 29 Nov 2024, this text provides information on General Knowledge related to General Awareness in General Knowledge. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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